I’m a newbie in Real Estate Investing. Need help to get started!

I’m a newbie in Real Estate Investing. Need help to get started!

Flipper/Rehabber · Seattle, WA · Member since 2019 · 10 posts · 0 votes

A few months ago I was joining with Vestus to get foreclosure lead from the auctions but they said I must have $100K from my pocket. Is there any other way?

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  • Rental Property Investor · Smyrna, GA · Member since 2018 · 974 posts · 645 votes
    7y

    Another way to get foreclosure listings? Yes. Your local county courthouse will post these 30 days typically before the auction takes place. You just have to go down to the courthouse to ask where to find the publication and get the info. If you are doing it from afar - then inquire locally where you can obtain online.

  • Flipper/Rehabber · Seattle, WA · Member since 2019 · 10 posts · 0 votes
    7y

    @Joseph Firmin so what about short sale? Or condo with pending litigation? Do you think is good to purchase for first time home buyer?

  • Rental Property Investor · Smyrna, GA · Member since 2018 · 974 posts · 645 votes
    7y

    IMO - no, for a first time buyer you want to take action and move... a short sale or litigated case could keep you from taking action because you are waiting on them to materialize (unless you offer and then later retract). As a first time buyer I would choose something that is slightly outside your comfort zone and honestly- anything that is now a business and not a personal residence fits that bill.

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