All Forum Posts by: Kyle Curtin

Hi everyone,

So I am 19 years old with a very stable and pretty well paying job, and just opened a credit card. I am obsessed with real estate investing and saving up for a down payment for a SFH househack in a nearby town pretty soon but have 2 things holding me up. I am not interested at all to pay no money and all of the "guru hype", but just wanted to see what fits best for my situation.

1.) Just got credit card and have baseline credit

2.) I have only been at my job for about 7 months, and no where close to meeting the 2 year requirement for traditional financing.

However, I just finished “The book on investing in real estate with no and low money down” and I read the chapter on seller financing.

SO, my idea was because I have my property type and area, to drive for deals and send out hand written letters to that area to see if there are any owners that have a free and clear property that they are looking to get rid of and explain seller financing, and use them as the bank and then do minor improvements and rent out the property.

Or should I just keep studying and saving for a traditional 3.5% down payment in the same area in the next few years.

Thank you,

Kyle

@Nicole Heasley

Yeah we will have to see what happens with all of this.

@Michael Noto

Hi Michael, I did not even think of that! That is definitely a big question to worry about! Thank you so much!

Kyle

@Fedor Volkov

Hi Fedor!

Thank you so much for the awesome information, I will definitely take that into consideration!

Thank you,

Kyle

@Andrew Powers

Thank you so much for the very useful information Andrew! Congrats on the first househack as well!

@John Warren

Thank you so much John, it means a lot! Thank you for the info!

@Joe Villeneuve

Hi Joe,

I got your message, but it still sends me the same message when I try to respond. It is really annoying. I will check back tomorrow and see if it lets me interact with people again.

@Joe Villeneuve

Hi Joe,

I tried to send you a message but it said I was banned from messaging, I was very active on the forums today and sent a bunch of messages to people, I’ll keep trying to send it and hope it lets me.

Thank you,

Kyle

@Joe Villeneuve

Yeah it definitely is a tough market, I’m sure I will have to make a deal rather than find one by finishing the basement or something but sure! I would love to see your criteria for screening a property!

@Joe Villeneuve

Hi Joe,

Thank you so much, it is much appreciated!

Thank you,

Kyle