You've got to be able to show your potential investor your vision for the project and how you will protect their money.

Great job getting started on this early, and you definitely have the right mindset going in.From a tax and strategy view, think of your first home as both a personal purchase and a future investment.

That’s the safe, simple route and could make sense if you want stability or plan to build reserves for future opportunities.If you invest in another property instead, you’d be keeping your capital working and potentially compounding faster, but you’d also add risk and exposure to interest rate changes, vacancies, and market cycles.A quick way to compare both options is to calculate your effective return on the payoff.

Why will it cashflow in the future more than today?

I really enjoy construction, but a few months ago I started exploring real estate because I want to invest my time and money into something that offers the potential for passive income.I’ve done a lot of research, and the strategies that interest me most are Subject-To, Seller Financing, and the BRRRR Method.

My husband and I would are interested in making our first investment home one that our 28 year old son can live in and then participate in any future revenue.

I explain they will have difficulty renting a quality unit, that I will ding their credit, that I will attempt to garnish their future income to recover what they owe.

I am looking at purchasing a property subject-to and looking for some advice and some answers on a couple of things. Here are the details:-purchase price $353,000-seller owes $187,000 on the mortgage but has a forbear...

That sets up a good cash flow/future higher rents, and able to refinance pull cash out on the ARV.

Building a strong financial foundation will not only help you secure your first property but also provide flexibility for future investments.Next, immerse yourself in learning about the real estate market trends, particularly in the Atlanta and North Georgia areas.