Hello from SE Iowa!

[Linda R.]

Hi everyone! I have been posting for a week or two but just saw this forum and decided I should tell you all a bit about me! Very long story short, I worked in big pharma for a decade and was laid off, I met someone on a pharma board who had a neat product to sell, he told me I should look into commercial RE, recomended I read some Robert Kiyosaki, specifically, Cash Flow Quadrant and Real Estate Loopholes. (I know he didn't author REL but it is in his series) Anyway, I thought, "I can do this", I read a Dolf DeRoos, went to the bank, established a line of credit, went to my lawyer and formed an LLC, started looking at properties, made a few offers that weren't accepted (Thank God, I truly believe things happen for a reason) and closed on my first property on 4/13/10, it was a flip. (I have pics in my gallery) 3 days later, I closed on a distressed triplex complete with renters for 27,600 that I have fixed up and am keeping. I ended 2010 having bought 8 properties and flipped 3 of those. I am learning from everyone I meet, I have some great stories of success and some of near disaster, but somehow, I always land on my feet. I am having a ball working for myself and I intend to never work for anyone else again unless it is by my choice! I am so glad I found this forum and look forward to learning a lot here as well! Already have actually, who knew Fannie Mae and Freddie Mac loaned on multi families? Well, I do now!