Author Topic: Fannie Mae Rental Investment (Need Advice)  (Read 810 times)

danny

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Fannie Mae Rental Investment (Need Advice)
« on: June 23, 2018, 07:41:30 PM »
Hey,

So I'm 19 y/o and looking into investing in real estate and I love the aspect of flipping and renting. I would ideally love to buy one of those houses for like 40k-60k on homepath in north Georgia and flip it myself. So I ran all the numbers from everything like the material cost to property tax and I'm getting a cash flow that is good, But I'm scared that I am forgetting something or not adding something and that the moment I buy into something it's going to go south. I'm just scared that Fannie Mae properties are too good to be true. Any advice/inspiration in flipping Fannie Mae Properties is appreciated. I will put a screenshot of the numbers I ran below. P.S. I understand I will have to sacrifice a lot to get this done. Thank You :)