Investing in Louisiana

2 Replies

My partner and I have been in the Shreveport, Louisiana area our whole lives. But recently we decided to get into Real Estate Investing. I’ve looked at options for Hard Money Loan’s but haven’t found anything that would fit us. We’ve talked about expanding our search area as far as Dallas, Texas. Any pointers on where to start would be greatly appreciated!

Hello! @Kara Burrow

Welcome to BP, and congratulations on making the decision to invest in your future via real estate.

I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.

First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:

https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp



The second is a post that will help get you focused with your real estate investing goals:

https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciated

The last one is a post that will help you choose an “investor friendly” real estate agent. There are many agents out there, but it’s important to choose the right one.

https://www.biggerpockets.com/blogs/5868/52724-im-new-to-investing-how-do-i-find-an-investor-friendly-agent

I have other blogs that may be helpful here on BP in my personal blog that you can check out. Good Luck :)

Welcome to BP @Kara Burrow ! Since you’re looking outside your local area you might want to read “Long Distance Real Estate Investing” by David Greene. You can find it here in the store. 

You can also locate a local REI group through this site or the Meetup app. That would be a great spot to network with like-minded folks who can refer you to hard money lenders or other financing options (e.g. private capital and other sources). Depending on the prospective property you might be able to get seller financing.

There are some related books and podcasts on BP regarding investing with low or no money down. They would provide some additional information.

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