Newbie, Trying to figure out to not just give up
Hi everyone,
I am obviously a newbie, but I am working on my knowledge base to make sure that I not only get a start with a good home/deal, but also not feeling overwhelmed by the whole process.
From what I have read/watched so far it is about analyzing and then making offers. I have the bigger pockets books and haven't gotten through one yet (still working on them), so I am worried that I may find a property that I think is a good deal but may end up costing more than I thought. How can you know that you are at least in the right ballpark on the rehab costs?
Also, I have been working on my credit so I can get a better loan. It has gone up but still hasn't gone up over 700. Is this something that I should really be worried about? Or should I just deal with the loan that I can get? This has honestly been what has stopped me so far. I have a lot of anxiety (that is probably misplaced) when it comes to financing this huge change.
What would your advice be?