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Updated about 3 years ago on . Most recent reply

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4
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4
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Semaj Dorsette
  • Fort Lauderdale, FL
4
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4
Posts

Out Of State Investing

Semaj Dorsette
  • Fort Lauderdale, FL
Posted

Hello good afternoon to all hope all is well…..I guess I just need to vent so bare with me plz lol Sooo after countless YouTube videos, reading books and talking about real estate with anyone that would listen I started the process of getting a Heloc about 3 weeks ago and decided to invest in the Michigan area. Original amount I was seeking was $100K and due to many factors I could only get $45K, got in contact with lender and seems $80K is what I’d qualify for. So now I went from looking to a getting a small multi family to getting at best a single family home. Should just use this as a opportunity to get into a real estate market and get some experience or wait until I can get a larger property before making such a big move as this would be an out of state investment!

Most Popular Reply

User Stats

129
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126
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Angie Castro
  • Real Estate Broker
  • Charlotte, NC
126
Votes |
129
Posts
Angie Castro
  • Real Estate Broker
  • Charlotte, NC
Replied

@Semaj Dorsette I recommend @Clay Collins for the Birmingham market. He works exclusively with investors and knows the BRRR strategy very well.

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Angie Castro with Monarch Group

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