Day 1

This morning I woke up early and began to search for properties. Yesterday i had the revelation that a property that i had walked past for months would be the perfect start up project and would give me the experience that i was lacking. the property was in a state of disrepair on the outside, and for months, before i was truely committed to investing real estate, i had given it no mind. I searched Zillow.com for all properties under 250,000 and.. success found the property that i had been looking for. However the moment was short live since the house was under contract! I was crushed, but having felt the stung of an opportunity missed, i started to search for more properties that would fit my criteria. I found two great properties both in Chicago, and though they were out of my net (planning wise), they were too good to pass up. I called up the agent and found that the property.. was still available. I sighed in relief, and got all the info on aquiring the property. next i had to find financing. With no real credit of my own, and no excess cash lying around, I would have to resort to more creative strategies. I immediatly began looking for a hard money lender. I found one but as it turned out, i was looking for a personal loan (for the down payment). One idea down. Next i took out an ad on Craigslist.com and started the waiting game. I am going to work on building a buyers list, as well as searching out any other financing ideas.