All Forum Posts by: Matthew Ward

I suppose I should've done that right away. A great read for new investors looking for that motivation to get started!

http://www.biggerpockets.com/renewsblog/2013/02/09/how-to-start-investing-real-estate-young/

I just read an article by Brandon Turner about how to start investing at a young age. Loved it! Total motivation booster!

First flip was a live-in flip which is exactly what I want to do for my first investment to help get my feet wet. I'd be very interested to learn more about this flip, or if anyone has flipped a house they lived in. I would love to hear your stories and any tips you could share!

Thanks!

@Marcus Johnson

Thanks for your advice and past experience, good to hear from someone in Minnesota. You suggested a 203b loan; I did some research and it looks like a great idea. I couldn't find anything on move in condition and repair cost restrictions. Does the 203b not have any? Or is it a larger margin? I appreciate your time and advice. Thanks again!

@Susan Gillespie

I will definitely consider attending those meetings in Minneapolis. I still have a lot to learn. Thanks for your advice!
@Susan Gillespie

@Susan Gillespie

Evidently I don’t know how to do the hyperlink on names. Still learning!

Wow! Not even a day goes by and I already feel so welcomed!

Thanks @Stewart Beal for the advice and confidence. It’s good to hear that my idea is a fairly good one.

@Richard T. thank you I can't wait to learn more. I just listened to the first podcast this morning!

Thank you @Brandon Turner for the links and the keyword alerts that sounds so cool! I'm very excited to be a part of such a helpful community of enthusiastic REI's!

Thanks again!

-Matt Ward

Hello Everyone! My name is Matt Ward and I live in St. Paul, MN. I recently decided that I want to pursue a career flipping houses. What is most exciting about REI to me is taking an unattractive house, and transforming it into a beautiful home. And I want to be the one to do it. I love to fix things and make things look new again. The idea of doing this to something as big as a house makes me want to buy a house today!

I currently work full-time, 40hrs/week, and live in an apartment with my wife. I don't make a ton of money and only have little saved, but I am adding to it every week! The money is what scares me. I've heard both sides: You need a lot of money, and also that you don't. My plan is to buy a house that would be an investment property, but also my home until it's time to sell. I would do this until I had enough equity to buy other houses without having to move. I need help to know if this is a good way to get started flipping houses. I've read the beginners guide and I am constantly trying to learn as much as I can. I just created my account today and I am excited to start interacting with what looks like an awesome and helpful community of real estate investors. Thank you for your help and guidance!!!

-Matt Ward