I have been researching REI for a few months now. Well after about 400 hand written letters, Bandit signs and driving for cash hours on end I finally got a house under contract!!
To make a very long story short anything that could go wrong pretty much did. From constant walks and calls on the property to the elderly sick seller asking for advances until we closed.
It really tested my patience and willingness to close my FIRST deal!
Finally got an offer 8k over my buying price so all was looking up.....until buyer wanted to get a realtor involved ( one who I might add did not know the first thing about assingments) so that was a hurdle in itself!
BUT FINALLY TODAY WAS THE DAY!!!!!
This is not a rant or whining post at all, it is motivation for the next guy to know hurdles will be there BUT with persistence and determination (as cheesy as it sounds) you can close your first OF MANY deals!!
I'm positive the next will be much much easier :))
@Darryl Gallardo congrats! The first "anything" is always the hardest one. (First baby, first contract, first purchase, first rental, etc.)
The awesome! Good for you. We are still seeking our first deal and this is certainly an inspiration.
Congrats @Darryl Gallardo great story of persistence!
Once you get over the 1st deal it only gets easier.
Really great story man! Keep pushing.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Join the Largest Real Estate Investing Community
Basic membership is free, forever.