Updated almost 10 years ago on . Most recent reply
New member from San Diego California
Hello to everyone in the BP community! My name is Alex and I am a complete newbie to this game of real estate investing. I'm talking about as GREEN as they come, but i am hoping to change that. I am ready to break away from my analysis paralysis and jump into action.
That being said, I think I have a good lead on a FSBO in my area but not sure how to move forward from this point. I have personally spoken to the owner, he is an older gentleman who sounds like he is tired of being a landlord. It's a 3 bed 1 bath 1300 sq ft house in a nice neighborhood. It seems like there might be some good motivation for a cash offer and quick close. My first thought was to whole sale it but I don't even have an assignment contract yet or know where to get one. I also thought about a hard money fix and flip but this being my first ANYTHING into real estate I don't want to bite off more than I can chew. Any suggestions? And if I wasn't supposed took st a question in my introduction post I apologize, like I said I'm a true newbie.