All Forum Posts by: Victor Crispin

@Brenda Snyder Congrats on joining BP!

Hey @Kari Fox, 

Welcome to BP! I'm also new to community here and its a great place to start you REI career. Yep like other members have mentioned meetup.com is where its at. There are a few events that I will be personally attending as well as some other BP members next week -> Link that's one of the events. Also would recommend you join other networking groups to get notifications on their upcoming events. 

Best regards,

Victor

Thank you @Chris Mason didn't really know that it would be mortgage fraud. And actually @Matt Motil thanks for the great response. Now that I think about it your right about the private lender unless I can offer them some type of deal but contacting my family should be a great idea as well. My goal for the year is to at least have this FHA Loan per-approved, while working as a assistant for this local brokerage that's hiring to save up for the down payment.

@Penny Clark  thank you so much you helped me answer so many of my questions with all your bullet points.

So far I've been a member of BP for about a good week. All this wisdom and wonderful knowledge that you guys are giving away is astonishing, and even from just reading some of the other members success story makes me wonder why aren't others trying to do the same. But I know analysis paralysis is a very big thing and it can be hard to surpass, and listening to yesterday's podcast and Kevin speaking about people being scared to jumping they can read and read all they want but unless they go threw that first deal, no reading can save you from fear than actual experience. With that said...

Building my own credit at my age (19) would be one of the best course of action at this time while also building up a good nest egg of funds for future investments. So far I've already have a credit history of about 1 year but I know I should be trying to hit the 750+ score and so far my report is not there yet. I've been thinking of probably more creative ways to be able to start my investment career and to actually put my foot out there, since listening to the BP Podcasts one of the main fall backs in beginners is that they never take a dip in the pool. Personally knowing that everything is possible if I search and persistently ask enough it can be achieved; so with that said would a FHA loan backed by another initial private lender loan work? if its used as the down payment for the FHA loan while also providing proof of my current income to help meet the requirements to qualify.

Would really appreciate what methods or your overall insight in how this situation can be approach. 

BiggerPockets is enriched with all these experiences @Scott Robinson @Lenzy Ruffin similar situation happened back in 2009 when my father lost our home to foreclosure in New Jersey, the investor who ended up buying the home extended his hands and helped us stay living there for another 4 more months for free. Actions like these that you guys extend your hands to help for nothing in return except for the experience and gratitude from the homeowners are really appreciated. You all help propagate the message that those willing to set themselves free in any aspect of living show their genuine good character by how they treat those around them.

Great deal of information @Dave Meyer! 

@Nikki Grizzle Great responce! , I've been around those types of groups in my past and no matter what age (young or not) we can't enjoy fully enjoy our lives if we aren't financially free; because the rucksack of loans, problems, and worries will still be there when we are back. Just like you I've learned that staying away and finding others that are already where I want to be or know more is where I should be walking and socializing. Otherwise our minds would just turn into magnets of negativity and if our willpower is not strong enough at the moment depending on our current situations we would eventually cave in and accept the conditions that others have set for us. You guys are right about BP being that great support system and more.

@Nikki Grizzle Wow!! Love your story. Motivation to move forward in this journey of Real Estate is in every corner here in this community, thanks for the share!

Hey @Camille Simpson , glad to hear from you and welcome to the community! I'm also Interested in wholeselling as well, would love to hear how you would get started since you're already an agent with experience in the field.