It's time!!!!!! We are investors!

[Account Closed]

We did it. My wife and I finally agreed, the time is now. I liquefied 25K in funds, and we are now, ACTIVELY in the market for our first investment. I'M SO EXCITED!

Also, I can't breathe. LOL.

We're looking for a BRRRR in Atlanta, or a multi-family in Georgia. I think we'd both prefer a BRRRR, but that takes us into hard money lending, which is a bit of a scary unknown for us both. I'm reaching out now to find lenders, but I feel like I'm at DEFCON 4 watching out for potential scams.

I don't feel like this first deal will make or break us for the future. We understand that we will make mistakes, and I especially understand that those mistakes probably won't lead to significant profit at first. We're committed to staying the course.

Finding the deal is the trick, and I haven't even gotten to the part of bidding and winning the sale, which I'm reading is a chore. I searched for hours the other day to only find one property (I thought) would be a good BRRRR candidate, and it was gone before I had a chance to show my wife.

This step, I see being a problem for us at the beginning. Not being aggressive enough. Having to discuss each lead, and being too detail oriented. I mean if it takes 30 offers to get the first property, man my wife and I are gonna end up with a couple more kids if we're going to be interacting this much, sheesh.

What are the masses finding with the buy and hold properties? Are your winning bids coming in high, at asking, low? I hate to leave money on the table as much as I hate wasting my time. If a house is going for 80K, this is what keeps me up at night. Offer 50K? Offer 90K? Or, more than likely, its some lesser variation dependent on an "all the fish in the sea" list of "If/then" scenarios. 

I guess I don't really have a question for group today. Just writing to unburden my soul. We're here though, it's time.