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Buying & Selling Real Estate

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David Monarrez
  • Chicago, IL
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Newbie to Investing in Properties

David Monarrez
  • Chicago, IL
Posted Oct 21 2011, 16:58

Hey guys great website here and lots of information.

well first off im 25 years old i live in the northwest side of Chicago Il, I have currently seen a great number of properties being foreclosed of abandoned in my area of Belmont Cragin neighborhood and im interested in learning how to get in to the buy and flip business. I currently am employed fulltime thankfully i have about 6k in savings wich is not much would this be a big problem in getting in to this field? I have very good credit and i know there are risks involved with any investments made but would love to learn the tricks as im sure everybody starts from the bottom up. If anybody can shed some more light in to this for a complete newbie i would greatly appreciate it. I have thought of joing the Chicago Area Real Estate Investors Association anybody haave any experience with this group as i cant find much info on it. Thanks alot for your help guys!

:mrgreen:

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