All Forum Posts by: Samantha Lotti

@Emerson Miranda 

WOW! Congrats to your big news and decision. I too have that same goal... do real estate full time. :) I am a new comer, but I am very determined and very excited to learn and accomplish my goal. 

Will you be doing any out of state investing or is it too soon to know? 

I will be starting out with wholesaling, but at the same time... learn the trade of fix and flip. That is my passion.

Ok... thank you so much Jim.  You have helped clear things up for me.  

@James Townsley 

Welcome to Bigger Pockets. I too am new here, but everyone has made me feel like an ol' friend. Very kind and helpful and I have truly learned a lot in a short amount of time. Podcast listening has been a great learning tool as well.

Good Luck!

Ok... that makes more sense now. So what I am starting with is wholesales and work my way to rehab (as some new investors do). My passion is to take a distressed property and give it LIFE. I will get there someday. 

So would you say that being the wholesaler, I still need to look for equity in homes or just good deals to pass off to investors? It truly makes sense to have equity if I was going to rehab it, but since I'm not...

@Account Closed Thanks for the response. I honestly might be making this harder to understand than it really is...

 So not having equity is not necessarily a deal breaker... correct? Meaning, some people are upside down on the homes, and may not equity in their home, but that doesn't mean myself and the seller can't make a deal... correct? 

@Ed Caldwell Thanks for the Good Luck Wishes. I am very dedicated to learning and I feel that just in one month, my dedication and excited has brought me to build a lot of confidence.  In my opinion, I have been networking and learning from people who are the best in the business... and that are not on here for the money, but to work together as a team! That is priceless and very awesome!

Ok... maybe I can rephrase the question.  How important is it to only make deals on homes with equity and why? I dont know if that helps, but I do hope so. 

WOW! I too attended a FB three day seminar just a little over one month ago. It was very motivating, but at the same time, they were very pushy... as stated earlier. I like most was not able to pay for their very pricey mastery program. However, being so motivated to learn, I decided to do the research on my own, which thankfully, has led me to BP. Although I am still in the process of learning, I have found the forums to be full of so much information and people that are very open to helping and give advice... FOR FREE!!! Bigger Pockets is such a great place to learn!

I have read a little bit about equity percentage in a property, but am still confused. What is it exactly and how is it used when it comes to making a decision on whether you should make a deal on a property or not? Is it  rule to only focus on properties that hold equity? 

Thanks for any help to clear this up. 

@Brandy Anderson 

Welcome! I am just down the road from you. Glad you decided to join BP. I think you will enjoy being on BP and you will continue to learn a lot more as you go. I am new on here as well. In the short time I have been on here, I have truly learned a lot. Everyone is so helpful and kind. You should also consider going the local REIA meetings, if you decide to further this adventure.