We've closed! We're in! Let the fun begin!
Thursday, December 21
Closed on the property ad we're in. Learned a couple things during this process. The first is that hard money really is that easy to get. You just have to make sure that you have a clear plan for the property and that the numbers make sense. The money was wired over to my attorney once the mortga...
Closing takes forever
Tuesday, December 12
It's been more than 30 days since my last post. We were supposed to close on the property this past Monday, but closing has been delayed by the foreclosure referee. New closing date is this Friday. Once we close, we can get the crew in there and start demoing the house.
I just purchase a house at auction
Thursday, November 09
I purchased a house at auction the other day. It was intense to say the least. I had been going for a couple weeks just to watch and try to get a feeling as to what I was getting myself into. I noticed something, which a seasoned real estate investor was doing. His name was well known in the real...
Making connections thru connections
Wednesday, September 20
It's a beautiful thing. I can't tell you the number of banks, credit unions and mortgage lenders that I've spoken to about hard money lending. All of which said pretty much the same thing; 'how much money do you have in your home, perhaps you'd be interested in a personal line of credit'. But I k...
Here we go: I've sat on the pot long enough.
Tuesday, September 19
This blog will serve as my journey and journal for the world to see. I've had enough reading, planning and dreaming about being a real estate investor. I'm going to do it, hopefully without going belly up. Well. Here we go. Here's my goal: Over the next 12 months I'm going to save up enough money...