All Forum Posts by: Account Closed

@Michael Johnson has the right approach.  Not sure what the market is like in FL but using your credit line as down payment(s) you'll have a lot more to work with.  Provided you can get the financing, you could purchase 4 units at 50k each (12.5k DP), then use your credit card for repairs/remodels.  Place tenants, let them pay down the mortgage.

@Derek Buehler Welcome to the site! Always good to see other veterans.

Moved to Cleveland for what else, a girl... ;)

While the winters can be a tad rough, it's a great place to live.  Great sports teams, excellent food, the lake, the parks, industry, an economy on an upswing.  Also an excellent place to invest, endless inventory.  Here to stay.

@Randy Stewart Welcome to the site!

Are you planning on investing locally or out of state?

Nice!

@Ruben Parra 

You are not alone in that boat.  Fortunately you have no shortage of options, welcome to the site!

@William Hochstedler sure sounds like robot making to me.  Watch, the next evolution of real estate investing will be scouting potential units with RC drones...

@Daniel Coleman 

Now would be a good time to work with a local contractor.  You'll learn more about houses/construction that way than any other means.  Save some cash and build your credit then invest when you're able.  Would help pay for college if you decide to go that route.

Welcome to the site

It's an odd feeling to realize you're excited when the temperature is in the positives.   The dogs wont even go outside...

Being inside is definitely a perk to investing, I've done my share of outdoor labor and let me tell you I appreciate my desk more than ever.

Hows the weather around the country??  I hear Washington state is having a warm winter.

@Austin Landry Welcome to BP!  Real estate is the way to go and the earlier you start the better.  Glad to have you!

@Candy Quirino new myself, welcome to the site.