All Forum Posts by: William Dampier

@Orlando De LA Parra - Welcome to BiggerPockets! To best identity a Memtor, you need to decide which approach do you want to take.

If you want to have your hand held from beginning to end, I would suggest you look at becoming a PIG with Lifestyles Unlimited. They are one of the very best organizations in town for education.

If you prefer to roll up your sleeves, and do a little more of the leg work, you'll find all of the information you need right here at BiggerPockets.

Best of luck!

@Jeff Hewitt - Welcome to BiggerPockets! You are at the right place! And, do everything @Gavin Welch said do - he's spot on!

@Huy N., you should be charging your girlfriend! Haha

@Mohammad (Asad) Asaduddin - Congratulations on your success! I'd welcome the opportunity to connect with you.

@Scott Trom - Welcome to BiggerPockets! You have come to the right place. If I may offer any advice, I would use caution when working with creative financing and a "get rich quick" mentality has sunk more investors than probably anyone mistake. If I can be of resource to you, please let me know. Best of luck!

@Chad Bailey - Welcome to BiggerPockets! The best way to purchase real estate with little to no debt is cash. I live in Katy, as well, and would welcome the opportunity to meet for coffee one mornings.

Bill

@Luke Kunefke - Welcome to BiggerPockets! You are at the right place to hear stories of success and short comings!

Silly question, why not save until you are able to put down a minimum 20% and qualify for bank debt? You closing cost, interest rate and terms will be more attractive. In addition, when the market turns, you'll sleep a little easier knowing you have an equity cushion vs being upside down in a property that you can't give away?

@Jacob Shoesmith - Welcome to BiggerPockets! As you can see by the comments, I think a lot of us wish we were half as smart as you at 19!

BiggerPockets is a great resource for learning from others. There are several different ways to finance the acquisition and capital improvements to a property - Private Money, Hard Money, Bank Debt, Seller Financing. 

I would probably hesitate working with a Mortgage Broker at first. Why pay an extra fee or point when you can do it yourself, is my mentality. After you have exhausted all of your resources, then I would lean towards a Mortgage Broker. 

Just a little food for thought....best of luck to you!

@Ernest Davila - Welcome to BiggerPockets! You'll find a lot of useful information here! Best of luck!