All Forum Posts by: Caleb Brown

Might as well throw a dart and hope to hit the bullseye. No one can predict how severe it will be. It will take it 1+ years to know. What you can control is the decisions now, invest smart and don't over leverage. 

As Brian said I'd remove this post and NOT say what you have. 750K is a lot to burn. Put it into savings, learn for awhile, and slowly invest when you have the knowledge. Don't get too anxious being 24 you have a lot of time to learn and find the perfect niche for you. You can even start of house hacking a 2-4 unit for a year or two to learn the basics. 

@Jaysen Medhurst

Ah then never mind on that

I always offer to my clients to help if they find  wholesaler/off market deal. It is usually 3% or a flat fee. I always help negotiate and advise. Many times if I build a relationship with a wholesaler they will pay my fee. Part of my duty to my clients is to establish relationships with local wholesalers to increase the deals I receive. 

Yes you can up to 4 units.

Options: buy a SF or MF cash, 20% down on MF or SF, BRRR SF or MF, syndication, fix and flips, be a hard money lender, etc.

You need to know what goals you have and what strategy you are passionate about. There are a million ways to invest it. What you don't want to do is focus on 10 strategies, you want to pursue 1-2 strategies and START. Don't be in analysis paralysis. I would also be careful on who you tell about how much capitol you have.

Go FHA with 3.5% down

I would do either one of these things...

1) House hack with an FHA or Conventional on a 2-4 unit property.

2) Partner on a BRRR, flip, or larger multi

3) Go the old fashion way and put 20% down

4) Use a hard money loan or private financing to flip or refi and do a BRRR

To be taken seriously you need to prove you have the friends with money to back you up. There are many people that waste an agents time so you don't want to fall into that category. On the flip side you also want to find an agent that understands investors and works with many. Most agents don't understand that part of Real Estate. Try and be responsive and communicative with the agent. 

The top ways I find deals....

1)Cold calling/texting

2)SOI

3)Whoelsalers

4)MLS