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Updated almost 7 years ago on . Most recent reply

User Stats

26
Posts
7
Votes
Danielle Smith
  • Detroit , MI
7
Votes |
26
Posts

Starting out, I own my home

Danielle Smith
  • Detroit , MI
Posted

For the past year I have been studying RE, listening to BP Podcast and taking notes. I have completed the Real Estate course not sure if I want to become an agent or not. I am more interested in investing, beginning with fix and flips also buy and holds once I’m established to create passive income. I need some good old advice !!

-I have w2 income for 2 years

- credit score 673

-Little to no savings !!

-I own my home free and clear, the rehab is almost complete.

-Comps in the area range from

Listing Price between $15,500 and $34,000

Selling Price between $29,000 and $34,200

- I purchased the property for $1600 at the foreclosure auction

-$10,000 in for complete rehab Including roof.

Where should I I start???

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