Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

5
Posts
5
Votes
Cesar Villeda
  • Fairfax, VA
5
Votes |
5
Posts

Motivated first time investor- looking to build network

Cesar Villeda
  • Fairfax, VA
Posted

Hey Folks,

2023 is the year we finally want to buy our 1st door (possibly 2). I've read and read and honestly at some point we just have to go out and do it. I work in tech sales so I understand analysis paralysis very well.

Although we are new to investing, we aren't new to buying... We've bought twice and sold once (which I regret). Unfortunately, we live in NOVA so our area is out of the question (I think) for our first investment. We're thinking of something around $100-$200k. Based on my research, areas we'd be interested in are Dayton, Cincy, Detroit, High Point (have family there), Durham, etc. I lived in TX for 20ish years so wouldn't be oppose to that area either.

Current Financials: $100k cash, $250k equity in our some so can HELOC, ~800 credit score

I'd welcome any insights from investors and/or agents.

Thanks.

Most Popular Reply

User Stats

292
Posts
364
Votes
Harrison Chow
  • Real Estate Agent
  • Columbus, OH
364
Votes |
292
Posts
Harrison Chow
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Cesar Villeda:

Hey Folks,

2023 is the year we finally want to buy our 1st door (possibly 2). I've read and read and honestly at some point we just have to go out and do it. I work in tech sales so I understand analysis paralysis very well.

Although we are new to investing, we aren't new to buying... We've bought twice and sold once (which I regret). Unfortunately, we live in NOVA so our area is out of the question (I think) for our first investment. We're thinking of something around $100-$200k. Based on my research, areas we'd be interested in are Dayton, Cincy, Detroit, High Point (have family there), Durham, etc. I lived in TX for 20ish years so wouldn't be oppose to that area either.

Current Financials: $100k cash, $250k equity in our some so can HELOC, ~800 credit score

I'd welcome any insights from investors and/or agents.

Thanks.


 Hi Cesar! I invest locally in the Ohio market too. Would be happy to connect!

Loading replies...