Currently 22 with 13 SFHs, very inspiring to read someone so far ahead of me at 23! Congrats on finding such a great MHP deal, seems like a great asset.
Need some advice. I currently have a 2unit property for two years now. I just purchased my second property which is single family home.I want to get more rentals and flip houses. which is best? I feel like im stuck trying to get the 3rd because i would have to put down 20% as an investment property loan which is hard with not much capital on hand. So any advice would be great on how to go about my next move. Would I have to wait to save for 20% and closing cost or is there another way? Thank you in advance.
Nice job Abraham!
How did you find your local partner and can you tell us more about the qualification process with the local bank?
I am into MHPs as well and do not have much experience with local banks.
Thanks for being such a source of inspiration!
Closing on my first two SFRs at the end of this week! I am going to check out the wheelbarrow podcast you recommended, what I have read about multi-family so far has made me change the goals I had in REI.
Very inspiring. Never considered mobile parks.Thank you.
Originally posted by @Ajibola Talabi :
@Peyton Zachrich @Abraham Anderson I really want to get into the rental property space. So awesome reading about people my age doing it! How were you able to get your first property? Did you already have capital?
Good to hear! Lots to explain in a comment, but feel free to connect if you want to talk on the phone about it sometime
Congratulations @Abraham Anderson! This is a very inspiring and motivating story.
Congratulations @Abraham Anderson , loved the share and the go get em attitude. I'm an educational sponge which is why I'm here...to learn and take the steps. My motto has always been "The only thing stopping you from Success is yourself" I look forward to hearing more and creating my success story soon :)
Wow Congratulations @Abraham Anderson.. That's awesome! How did you get your startup money for the first 12 unit complex?
@Abraham Anderson Thanks for sharing this story, very impressive and inspiring to us who have yet to complete our first deal! Anything big picture wise that made you want to switch into mobile home parks?
@Abraham Anderson beautiful work, my friend! Inspiring to the newbie here!
Thank you for sharing your awesome story and it is definitely amazing you and your team has the ability to locate and find deals. I definitely see clues for success in your story. I’m curious, what is your mindset is like day to day when your are operating your business? What are the combinations of tools and strategies you uses such as subject to, subject to purchase, lease option to or lease to purchase, etched.
I could love you to coach my oldest son about Real Estate investing as his graduation gift 😁. He will graduate from college this Thursday.
Absolutely amazing story, thank you for sharing and will be putting at my forefront, "Don't wait for something to happen, go out and make it happen"
Wow, what a story. Congrats @Abraham Anderson . Keep it up!
Congrats @Abraham Anderson for a job well done. I have been on the hunt for the right Multi family deal for about 4 months straight now. You are absolutely right that it is better to buy no deal than a bad deal. I'm sticking with that one for sure. Much success with the MHP and getting stablized over time.
@Abraham Anderson Great story! You are inspiring me to reach higher and go faster! I purchased 5 single family homes and I’m currently developing 2 brand new double wide homes on a vacant lot I purchased... I did this over the course of 20 months which has me at 7 homes but I need to step up my game! Thanks again for sharing your story!
@Abraham Anderson you are ripping it up!! Congratulations and keep us updated!!
Absolutely amazing @Abraham Anderson! Do you think introverts can be a part of bigger deals? Any advice for someone just starting out with duplexes, but planning to go into apartments/mobile home parks later?
Wow! Inspiring. I haven't done my first deal yet, but reading stories like yours is getting me closer and closer to jumping in and is making me work harder and harder to find the right property. Thanks
@Abraham Anderson thanks for sharing. What an inspirational story. Way to go big. Good planing and execution.
Congratulations @Abraham Anderson , I'm super inspired tonight, thank you for sharing!
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