Need Help Financing Free and Clear Properties to Grow in Wilkes Barre, PA

[Luis Cartagena]

Hello, from Luis to the BiggePockets Family.

I need help growing my Real Estate Investing portfolio. At the moment I have a Single family home rented to Social Catholic Services which works just like a section 8, Checks always on time and its been rented for more than two years with solid tenants and cash flowing. I also have a four unit building free and clear which I've been completely rehabbing and its all been done with cash or credit cards. Right now I have three apartments finished and rented with solid tenants and good cash flow and the fourth apartment almost done. My credit is 678, I had a short sale Two years ago and now the penalty from Fannie Mae has ended. Any advise on what to do next since I'm out of cash and with a few credit cards dept, nothing crazy but some. Thanks in advance!

MODERATOR:  THIS IS NOT A SOLICITATION FOR A LOAN.   PLEASE, NO OFFERS OF LOANS OR POINTERS TO LENDERS IN THIS THREAD.  THAT HAS TO GO IN THE MARKETPLACE.

[Peter MacKercher]

Welcome to Bigger Pockets Luis. I am in STL please let me know if you need anything. 

In the meantime here are 7 tips to help you grow your business using BP:

1. New to BP? http://www.biggerpockets.com/starthere

2. Develop your own business strategy. -- Don’t just be a “jack-of-all-trades"

3. Grow your business by developing your business plan. - Remember there is a difference between goals and a plan. http://www.biggerpockets.com/files

4. Locate and attend several different local REIAs as they’re great opportunities to network and meet wholesalers, lenders, and contractors.

5. Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

6. Spend some time every day on Bigger Pockets by connecting with “colleagues,” perusing blogs and videos, and engaging with others on the forums: http://www.biggerpockets.com/meet

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