Now keep in mind, these are the guys that have been trained and are not starting up "cold turkey"Have at least 6 months of reserves on hand for eating, bills etc to cover the slow months.Going into winter is not a great time for the market in most places.Wholesaling is one of the highest taxed jobs you can have.Does it work, yes.

Plus, refis free up a lump sum you can use for the down payment on your next house and some light rehab — exactly what you mentioned.The downside is you’re resetting your mortgage and eating closing costs again (usually around 2–3% of the loan amount).

Your goal shouldn't just be to close loans, but to become a resource—the go-to financing expert who can help them analyze deals and structure debt correctly.My advice for starting out:Niche Down: Consider focusing on a specific area, like investment property loans.

@Sam Gleadle What is the specific damage to your property?

The key is making sure rehab timelines and appraisals don’t slip, since every month you hold that bridge debt eats into profits.The bridge to a DSCR path has been a solid combo for a lot of investors I work with here in California.

The only thing I can think to do is either (A) remove our Airbnb markup and effectively eat most, if not 100% of the host fees or (B) abandon our PMS (Hospitality) and get back on a split fee. 

Using the right person for the right job keeps your project running smoothly and avoids surprises that could eat into your profits later.

I ask to see the Specifications the board is requesting. 

chatgpt generated and they never reply to any comments. they also post to generic BP site not the specific note investing site Thanks Chris.

You add on the fact that we see the same 100 billion $ handed over in a circle from one AI company to the next, all reporting it as revenue, the P/E ratio of the S&P500 is over 30 and that makes you wonder where corporate profits are supposed to go from here, inflation eating into consumers spending power - I would say @Collin Hays is right, brace for impact.Fortunatley, residential real estate is a relativley recession proof.