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All Forum Posts by: Dareen Allie

Dareen Allie has started 7 posts and replied 32 times.

Post: Down Payment Struggles As A Newbie

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

more gems @Agus Hartono thanks!

Post: Worry about getting the deal first, money comes easy.

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

Being new to real estate investing, I feel like I’ve been stressing too much about how I will fund these deals that I find. I’m just going to take it easy. My coach always says find the deal first and get it under contract because the money is always easy to find. Breathe…

Post: Down Payment Struggles As A Newbie

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

@Ronald Allen Barney sounds like a great plan. thanks for the breakdown! i’d just have to make sure the first home is affordable enough for me to have extra to save up. sounds great!

Post: Down Payment Struggles As A Newbie

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

@Matthew Crivelli that makes a lot of sense, toooo risky! right now i'm thinking of using my mom's HELOC for a down payment. thanks for your wise words!

Post: Down Payment Struggles As A Newbie

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

@Agus Hartono thanks, that makes a lot of sense to have some capital present for emergencies. it seems the 401k may be the better option. my mom also has a HELOC i can use for a down payment.

Post: Down Payment Struggles As A Newbie

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

@Todd Powell thanks for the encouragement! it’s difficult but you have to realize what you want the most and make it happen!

Post: Down Payment Struggles As A Newbie

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

@Bob Okenwa i’m looking into long term rentals and small flips. thanks for the info! i will look into some of those programs, sounds like a great idea!

Post: Down Payment Struggles As A Newbie

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

I’m looking to invest in a property in Arizona. This will be my first property ever bought or invested in. I have no down payment. I’m not sure if a loan, credit cards or my 401k would be a better option to use as my down payment. Some people also say do a couple of flips to build the capital but i need a down payment to even start a flip. And saving just seems like such a long process to me.

Post: Investing in Condo in Arizona

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

@Doug McVinua i completely agree. that’s why i so determined to just hop in and learn the ropes… in a safe and calculated way of course. i’m ready to get over this “beginner’s learning phase” in my investing career! are you a real estate agent?

Post: Investing in Condo in Arizona

Dareen AlliePosted
  • Rental Property Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 6

@Brendan Miller thanks for the info! that definitely makes me feel a lot better that the realtor can find out this information for me!