All Forum Posts by: Joshua Chappell

Steven Butala how do we go about introducing contractors to the community so they can get possible work?

Hello all, I'm curious to know if there is a vendor page on here of trusted word of mouth vendors that could be used during our real estate adventures. If there's not one what would be the reasons?

Thank you Nick Feliciano

John Anderson what do you mean by no skin? Could you please explain

Hello all, I'm very new and still learning and absorbing information from bigger pockets and it has been great so far. I have come up with a plan that I think is decent and maybe some of you can point me in a better direction if I'm wrong. I have no money or backup funds to start with due to back surgery and been out of work. The wife can pay the bills but that's about it. So I have researched this and is something I truly want to do and will do in time. Now as for my plan I want to buy and hold thru anonymity type llc. One holding and one flipping. I want to fix and flip and try to make a 20k profit. I want to spilt that profit 50/50 50 to live and 50 back to lender/ private money and eventually that 50 will go back into the business to help pay down mortgages. Once purchased I will use the typical 50% the best I can and manage my own properties until I own enough I need to hire a company to do it. I will continue to fix and flip houses to fund things but keep every 3rd home for the buy and hold. Does this seem like a good way to start out to all of y'all veterans of bigger pockets and using this theory will I be able to find funds for the first few? Thanks for your time!

hi, all I'm new to this and I want to learn as much as possible and find lenders,partners,friendships, and build a busniess!