All Forum Posts by: Andrea Barbee

Hey Bigger Pockets Fam!

So here is my question for the week. 

I have been working on my RE license for a few months now and I have sent all my paperwork into the BRE. All my fees are paid as of now and I am just waiting on a test date. Well, as soon as I got into real estate I quickly learned I wanted to go the investing route. I want to start doing buy and holds as soon as I have enough capitol for my first one and would like to get to a point where this is my main stream of income. While I have been waiting on the BRE I have taken a personal assisting job and the more investors I meet, the more they tell me not to get my license to sell real estate and to just focus on the investing side of it. I would think these two go hand in hand but I have also heard that you can invite more lawsuits your way with this strategy and also that you have to pay 70% market value for homes if you are licensed. I could be wrong and am beginning to research this in my state but if anyone has any useful knowledge they can throw my way, I would love to chat. Thanks and hope every one is having a beautiful Tuesday. 

Useful info! Thank you for the response. 

Ours do not come with the land.

Hi All, 

I am an aspiring real estate investor in Southern California and need some help. I have been listening to Bigger Pockets for a few months now and since taking all the advice that I have strategically stumbled upon, I have to say my career is starting to gain momentum. I am currently assisting a private real estate investor who is flipping mobile homes. He finances these homes for the buyers and is selling the notes so he can have cash flow for more deals. If anyone knows of a reliable source for me to offload these notes, please reply and lets talk. The Notes are for a period of 13 years at 9% with payments of $350 per month.

Loved reading your story. I am looking forward to hearing about the refinancing ! Thanks for sharing about the seminars as well. Do you have any other tips for educational courses that you used along the way? Also, what is the program you mentioned with 5% down and no mortgage insurance?