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All Forum Posts by: Oscar Prado

Oscar Prado has started 5 posts and replied 8 times.

Post: My first flip/ rental project

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

Hello my name is Oscar Prado, and I am born and raised in El Paso, Texas. I currently work in the oil field in the Midland/Odessa area. I have been working out here for around 2 years already and after hearing the BP podcast over the years, I have encountered my first project in the El Paso area.

In the area of 79928 in El Paso, Texas there is a lot of construction going on. New homes, shopping centers, hospitals, etc. the first property that I obtain is in the sparks area. The property that I have obtain is for 42k( owner finance). This property just had a run down trailer that needed a lot work. So I got in contract with a contractor and we fixed it up and now it looks like new. (spend 4k for the remodel and supply's)  after all the repairs the trailer should rent $400 a month. My next project is to put another trailer in the same lot making a 2 trailer lot, making in total of $800 a month for the 2 units being occupied.

This is my first try to make myself and my family financially free, and am still learning from the ground up to be the best Investor I can be.

If there any Investors in the El Paso Area that would like to meet and greet and talk about deals, or any mentors that would like to talk about other experience that can help each other out. I would love to meet anybody that has the same common goal as me, which is to be financially free.

Post: can't get any founds.

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

@Javier Acosta it would be cool to meet to share ideas and experience just let me know and I will be more than happy to do that

Post: private money

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

does anyone know where i can look for a private money for my first deal in real estate ...thank you in advance

Post: any meetings in El Paso

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

thank you for your help I found one

Post: any meetings in El Paso

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

Hi there i was wondering if if there any social groups in El Paso tx for real esate for investors ...thank you

Post: good first investment loan

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

what would be a good first investment loan to get for a residental home to rent?

Post: can't get any founds.

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

Thank you i will look into that i will keep you posted on what happeneds.how long have you been investing in El Paso? if you don't mind me asking

Post: can't get any founds.

Oscar PradoPosted
  • El Paso, TX
  • Posts 9
  • Votes 1

Hi there my name is oscar prado i live in el paso texas and i am starting to know more about real estate eveyday by listening to bigger pockets and it has help me a lot. right now am having a little trouble thought i am trying to found my first deal so i can get my feet wet in being a investor but i am having a hard time with banks not lending me the money and also can't get a equlity loan on my home. does anybody know any other places that i can look for funding my first deal. Thank you so much in advance .