All Forum Posts by: Emil A.

I appreciate all the replys - thanks!

I heard somewhere that basically the owner will give you the deed with no money down and what you do is just pay his rent... that seems stupid so I may be wrong

so as an investor, how would this kind of purchase benefit me?

I am a young real estate investor thats looking for his first deal.
Although iv tried reading different articles on this topic, i still find it very difficult to understand how owner financing works... i see the term 'own carry mortgage' many times - word around town is that you can get deals with little down payment? then what happens?

If anyone here has this field as a concentration in their investments, i would appreciate some info

thanks

For the people who are living off their rental properties, how many years have you been investing seriously?

Hey all,

I've been reading up on real estate investing for a while now and i was just about getting ready to purchase my first residential property. However, I am at a dilemma at the moment - and due to the lack of experience i hold, i would appreciate any advise from more experienced investors.

I found out yesterday that I didn't get approved for any loan. All the research and work that I've been doing has been directed towards this kind of a purchase and now that the loan is not working out, I am a little stuck here. Without the loan, I don't know what direction to take as far as investing in real estate. At the moment, I have $24,000 cash to work with. I've been considering going to the tax defaulted property auction that i mentioned earlier and purchasing from there, but do you have any other suggestions of what else I can do from here?

I appreciate your advise

Emil