Obstacles Just Make Me More Hungry To Do This!

[Blake H.]

21 days into this adventure of long distance real estate investing. Thus far I have decided on a location and created my entire team. I've spent every minute outside of work and home learning, practicing, and analyzing properties for the best deals. I really do see a difference already in how I see a house when I analyze one.

My mightiest challenge that could've completely wiped me out but hasn't is my financing situation. I, gratefully, live in a home that is part of an affordable housing covenant between my the city of Santa Barbara nd my employer. My purchase agreement states I am not permitted to purchase any other properties AND unable to join any partnerships/LLC'S! I was initially very upset about this but didn't let it stop me from looking for solutions. I found out I could write a letter to the city requesting they allow me to purchase investment property as a "need or good cause". Whipped that up in about an hour and an anxiously waiting for the results. I have no cash and very little liquid assets yet I have found 2 houses I want to make offers on right now! Here's to hoping there still around in a week or 2 when I hear about the letter 🤞

Thank you rookie podcast for inspiring me to keep pushing past these challenges. Hoping my story can help inspire someone else to keep pushing forward too 🙏

[Dan Guenther]

@Blake H.

Keep it up, if there's a will there's a way! Financing can be one  of the most stressful and tricky parts of an investment but there are so many resources out there and creative strategies. Keep connecting with others and never stop seeking more knowledge.