All Forum Posts by: Joaquin M Dugan Jr

@Marlen Weber awesome! Do you mind if I could direct message you?

@Evan Polaski haha thanks awesome and kinda the direction I am gearing towards. A purchase of around $20-22K or so to get started. Did you use any traditional financing when you purchased or all cash down? And how did you finance the rehab costs?

@Jaron Walling man, that’s amazing and congratulations on your first successful deal. I’m assuming you both (you and your brother) househacked in Indianapolis?

@Alex Olson totally agree with you 100%. In all if not most of my posts, I always ask and offer to lend a hand or be the person who can add value to another. I personally believe there’s always a way to learn from others, gain knowledge and develop an actual relationship through helping and adding value so I totally agree

@Jody Sperling Thank you for responding to my post. I truly agree with you that many people here are mainly here for their own personal gain but not willing to reach out and do the leg work or boots on the ground work for another individual. I’m fresh-faced here on BiggerPockets and have been hungry to begin my investment portfolio. As an individual I know what I bring to the table; yet, I get what you’re saying in regards to choosing partners wisely. How long did it take you if you don’t mind me asking, for you to feel comfortable with the partner you are currently working with. A few months, a year or more?

For those who conducted their first BRRRR. How much was the first property, how did you finance, how much were you all in for and how much was your ARV?

Good morning BP, my name is Joaquin Dugan. I am a newbie investor out of the Dallas, TX area. My focus is on properties to BRRRR and rentals OOS or locally primarily and to gain more knowledge in the process. As most investors or future in investors here. I see they all lack the capital to begin their investing journey. So I had a question for those who are more experienced or has already started. Has anyone every partnered with anyone else on BP to both get their investment careers going and also aiding with needing as much capital to begin?

@Sean McDonnell Hood morning and thank you for the vote of confidence and also responding to me. I haven't pinpointed a specific market however I am interested in both long distance and investing in my own backyard (DFW metropolitan area). What is probably restricting me, and I could be wrong, since I haven't developed much equity in my currently home. I may not be able to take out a HELOC or a home equity loan; not to mention the more strict lenders are since the a Covid-19 started. I guess overall, my issue is possibly gaining the capital for rehab costs

Good evening BiggerPockets, I am a newbie investor and had an inquiry from those who are experts or experienced what I may have experienced. I had recently bought a new build home last November on an FHA loan for $215K. My current mortgage is $1715. Currently, I have been self educating myself saying and reaching out in pursuit of mentorship, partnership and innovative strategies. I would like to begin BRRRR investing and invest in rentals, primarily BRRRR. I'm learning now how to use private money or OPM (however is a challenge) also, I have a possible partner who is also interested in investing. Has anyone ever been in the position where they had bought a house prior and then afterwards wanted to invest but did not have the capital to begin. I am reading the BP No and Low Money Down book now to see different creative strategies to use. I do know experience is the best teacher and those who have experience are the wisest individuals to learn from. Any help, tips would be great. Thank you

@Remington Lyman any possibility I could comment with you to discuss in more detail?