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All Forum Posts by: Ariou B.

Ariou B. has started 5 posts and replied 37 times.

Post: Los Angeles Area RE investing - 14K to learn fix/flip

Ariou B.Posted
  • Specialist
  • Lakewood, CA
  • Posts 42
  • Votes 12

@Manolo D. thanks for referring@Victor Argueta to me! 

@Dennis Canon and I are trying to start our REI journey and visiting the jobsite, talking to investors like you would be an invaluable asset to have.

I'll PM you. Thanks for the opportunity! 

Post: Young, Ambitious student looking to help real estate investor!

Ariou B.Posted
  • Specialist
  • Lakewood, CA
  • Posts 42
  • Votes 12

Jason I think you'll have better chance of finding such person by attending real estate gathering in your neighborhood. And all I said was we should all respect BiggerPockets's guidelines and rules. That's it. If we are going to participate in the discussions and learn from so many experts on this site, we should AT LEAST follow the rules of this site and respect them, so no need to be bitter Joseph.

Post: Young, Ambitious student looking to help real estate investor!

Ariou B.Posted
  • Specialist
  • Lakewood, CA
  • Posts 42
  • Votes 12

Don't mean to burst your bubble Jason but one of the policies of BiggerPockets.com is to not ask for a mentor. Perhaps you should go back and reread the policy that you "read" and accepted prior to making this post.

Post: Motivated Beginner Who Needs Some Help

Ariou B.Posted
  • Specialist
  • Lakewood, CA
  • Posts 42
  • Votes 12

I've been browsing this forum for years and listened to countless podcasts and I purchased 2 books by J.Scott who seems to be the father figure here in BP.

I feel like the only way I can finally "get it" us by doing it, but the problem is I live in SoCal and with my savings and my income, no bank would offer me a loan needed to flip a house... 

I have some construction and engineering experience which might or might not be useful in the future. I don't know. 

How can I start? Or a better question might be how did you guys start who were in the similar situation as me?? 

Thanks!

Thanks Ricardo, so can I technically purchase a place in the next 6 months?

I greatly appreciate any help;

I just landed a much better paying job and I will start in couple of days. I've also saved up some money and I'd like to purchase a multi-family house near Los Angeles area (3 or 4 unit family house under 420K would be ideal).

I graduated from college on June 2014, I have some employment gaps in the past couple of years and they are as follow:

. Didn't work from 2011 to March 2014 due to attending college full time

. From June 2014 to now, there might be in total of 5 months of unemployment

I have an excellent credit score and I believe I can put down more than 3.5%.

My question is: Do I still qualify for FHA or Conventional Loan or I need to wait? If so, how much more do I need to wait??

P.s, I'd like to thank anyone who can shed some light in here! Seriously thank you!!

Post: Got a New Job, Can I Qualify for FHA/Conventional Loan?

Ariou B.Posted
  • Specialist
  • Lakewood, CA
  • Posts 42
  • Votes 12

I greatly appreciate any help;

I just landed a much better paying job and I will start in couple of days. I've also saved up some money and I'd like to purchase a multi-family house near Los Angeles area (3 or 4 unit family house under 420K would be ideal).

I graduated from college on June 2014, I have some employment gaps in the past couple of years and they are as follow:

. Didn't work from 2011 to March 2014 due to attending college full time

. From June 2014 to now, there might be in total of 5 months of unemployment

I have an excellent credit score and I believe I can put down more than 3.5%. 

My question is: Do I still qualify for FHA or Conventional Loan or I need to wait? If so, how much more do I need to wait??

P.s, I'd like to thank anyone who can shed some light in here! Seriously thank you!!

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