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Updated over 11 years ago on . Most recent reply

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10
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1
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John Stella
  • Surprise, AZ
1
Votes |
10
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Super Green Newb

John Stella
  • Surprise, AZ
Posted

Hi everyone, I'll be quick, but my fiance has a house in ABQ new mexico that she is renting out, I didnt think about it til now, that maybe if we sell that, we could have enough to start our path to investing. Thing is, should we fix it up ourselves because we literally live check to check now, i couldnt imagine hiring contractors and the whole 9. Also, when do you get an appraisal, after the rehab? I wish i didnt ask that. I have millions more, but i dont want to be "that guy" 

thanks all

from AZ

Most Popular Reply

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922
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336
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Gerald Harris
  • Investor
  • Atlanta, GA
336
Votes |
922
Posts
Gerald Harris
  • Investor
  • Atlanta, GA
Replied

You can sell that house, but if you all are getting cash flow why not keep it.   

In investing you can start out wholesaling.   You need little money and no credit.   Build up your cash as you do deals and the get into fix and flipping.    Here is a link i created several days ago that will help beginning investors.   

Welcome to Bigger Pockets.  

http://www.biggerpockets.com/forums/93/topics/1362...

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