New investor-First deal under contract today. Help!

New investor-First deal under contract today. Help!

Member since 2020 · 4 posts · 3 votes

I’m Anthony from Mooresville, NC. 
I just got into real estate investing and had my first offer accepted today.  Looking to use the Brrrr strategy on a foreclosure I found on the mls. We had our prequalified letter together and our agent submitted our offer so well and organized that we were the 6th offer and not the highest but got the acceptance. 
The property is 15min from our house in Salisbury, NC. 
If anyone is in my neck of the woods and can recommend a great contractor I’m all ears. 
Looking forward to meeting great new people and the journey ahead. 

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  • Investor · Australia · Member since 2020 · 37 posts · 18 votes
    6y

    Well done Anthony.

    Please keep us up to date on your journey.

  • Investor · Miami · Member since 2020 · 24 posts · 7 votes
    6y

    Exciting times ahead Anthony.

    Good luck with your real estate journey and keep us updated.

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    6y

    @Anthony Giuffrida

    Welcome to the BP family! Great that you joined the site! Here are some recommendations for you:

    Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users
    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
    Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
    Check out BP Podcasts: https://www.biggerpockets.com/podcast

    If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

    Wishing you the best!

  • Rental Property Investor · Winston Salem, NC · Member since 2019 · 63 posts · 54 votes
    6y

    @Anthony Giuffrida Hi neighbor. I know a lot of contractors but youre a bit of a drive away. My cousin who is a great contractor is only about 45 mins from there. If you would like, i can give you his info

  • Member since 2020 · 4 posts · 3 votes
    6y

    Thank y’all so much. I’ll keep you updated as we go. 

  • Investor · Canyon Lake, CA · Member since 2015 · 92 posts · 34 votes
    6y

    @Anthony Giuffrida  I'm in Mooresville. A good source for contractor information is the "Charlotte Real Estate Investors" group on Facebook. It has a very large and helpful membership. Good luck on your project.

  • Member since 2020 · 4 posts · 3 votes
    6y

    Thank you @Paul Chapey. I’ll check that out now. 
    I love your part of the country. I rode MX on the weekends up there when I used to live in sunny San Diego for years. 

  • Member since 2020 · 12 posts · 9 votes
    6y

    @Anthony Giuffrida

    I am a contractor in your area. Give me a call and we can talk about your project.

  • Kingsland, TX · Member since 2018 · 164 posts · 86 votes
    6y

    Congrats, @Anthony Giuffrida! You can search for contractors who are on BiggerPockets by clicking on the "Network" tab. Good luck!

  • New to Real Estate · Charlotte · Member since 2018 · 4 posts · 2 votes
    6y

    Congrats @Anthony Giuffrida. I do a lot of reno work with Blue Ram in Charlotte. I know they service your area. Send me a message if you want me to connect you with the owner.  

  • Tampa, FL · Member since 2017 · 63 posts · 28 votes
    6y

    Congratulations @Anthony Giuffrida! I've gotten so frustrated with searching for my first property on the MLS. Everything I find there is overpriced. You're success gives me some hope.

  • Member since 2020 · 4 posts · 3 votes
    6y

    So we chose to back out of the deal after a structural report came back with costly repairs needed in the basement. The #’s were already looking tight and with the unknowns once the walls were opened we backed out. Kind of a bubble burster but still on the hunt for the next one. 

  • Investor · Australia · Member since 2020 · 37 posts · 18 votes
    6y

    Disappointing but better to walk away now..

    Let’s hope the next one passes muster ..

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