You can repeat this process several times.You need three things to qualify for a home loan - cash, credit, and income.

One bad purchase like this would have undone the progress from three good ones.Lessons learned:Don’t pretend you can underwrite a different asset class with the wrong calculator & if BP has book on said asset class buy it, read it, and do what it says. 

As you can see below of our "hard earned capital" invested into three deals.

This iterative process is an effort to improve to estimate’s approximation of what is actually happening in the economy, but also means the “final” number can change multiple times.It often does.The BEA releases 3 quarterly estimates for each quarter’s GDP: the advance estimate (typically about a month after the quarter ends), the second estimate (two months after), and the third estimate (roughly three months after).

They leased after me owning it for almost a year, and then executed the purchase option.The three months rent payments took care of my holding costs and I ended up doubling my money on the deal.

A wrong call on any of these three can drown a project from the start. 

Choose two or three channels you can maintain, automate as much as possible, and leverage your agent access and construction partner to analyze and act quickly.

The market the last three years has been a tough one, not only in our industry (sales, flipping, wholesaling etc.) but all.

Hope I answered your questions sufficiently. 

It's also going to bring you to step three, which is what type of loan you're going to qualify for.