All Forum Posts by: Cuong Le

Hi @Chika Adimonye and welcome to BP! We were just there in London few a few days a few months ago and had a blast there.

If you haven't done so, read up on the Ultimate Beginner's Guide and write down your plan and "why". You don't have to have all the answers yet but will help you get your plan of action together.

Also listen to the podcasts and create keywords like "London" so you'll get alerts. Oh, pick and stick to one strategy before going to the next. That way, you'll be an expert at that niche and not waste your efforts. See you around!

Hi @Jacqueline Jordan and welcome to BP! That's awesome that you got the mentorship you did so early. Do you have your plan and "why" written down already? This would be one of the first item to complete. How are you planning to finance your properties? You're off to a great start by networking here. Keep going and update us how you are doing.

Hi @Vivian D. And welcome to BP! RE can definitely be a way to get extra income while you are at home. You can stretch what you have already save by using hard money and then refinancing the properties. Or you can partner up with private money lender (ie friends or family) to use their money and split the profit 50/50. What strategy are you trying to use (ie buy and hold, flips, wholesale, etc?)

Also if you haven't done so, write down your why? It will help you get through the challenges. See you around!

Hi @Jamie G. and welcome to BP! You're already off to a great start reading the UBG and listening to the podcasts. Your goal of 1 a year is definitely doable.

As soon as you get the chance, I'd get a pre-approval letter so you know what you're able to work with.

@Todd P. is an experience investor in League City and recently joined BP as well. Looking forward to hearing about your success stories!

Welcome @Manny Fernandez to BP! My parents live in Arlington so I visit there from time to time. I'm sure you've already done this but read the Ultimate Beginner's Guide and listen to the podcasts. Jon Klaus was on podcast 46 and is very close to you.

Also, write down your "why" and game plan. It will help keep you focus. We know you and your wife will get 20 properties very shortly. Glad to see yall on board.

Hi @Fatimah Lalani and welcome to BP! Glad that you're on board. If you plan to finance your properties, go ahead and get pre-approved with a local bank and/or mortgage broker. This gives you a better idea of what you can work with.

If you get a chance, post a profile picture to help you better connect with other members. If you're iffy on posting your own picture, just something is better than nothing.

What ever your plan is, be sure to write it down. Having consistent and persistent action is the key. See ya!

Hi @Ronda McCormick and welcome to BP! Read the Ultimate Beginner's Guide if you haven't already done so.

To help you get started, start finding local banks or mortgage brokers and get pre-approved so you know what you can work with. Of course, if you're not financing, be sure to have clear numbers that you're willing to spend on each property and stick with those numbers.

Also, if you haven't already done so, write you "why" and plan down. This will help pull you through challenging times. Looking forward to hearing your success stories. See you around!

Some hard money lenders don't have any seasoning and still do 75% LTV which makes it even better.

Welcome @Eston Johnson to BP! Your goal is very attainable. Consistent and persistent action is the key. Listen to the podcasts and stay active/engaged on BP. Keep us updated on your next property and how it went. See you around.

Hi @Chris Schwartz

What we use is of course not the only solution but hard money is what we've been using and then refinancing out to a conventional 30 yr fix. Helps preserve the money you have and leverage other people's money.

You can partner up with someone or find a small local bank that asks for a smaller down payment.