All Forum Posts by: Kat Hussey

@Christopher Campbell

I really like her method a lot! I bet It'll probably work out to more like $15k per week on the first few deals for us, haha! But I'm definetly going to keep this method in my head as we're going. 🤔 Thank you for sharing.

@David M.

I had forgotten about the 203k option. We'll definetly look into that one! Thank you!

@Odie Ayaga We were thinking using MLS because we have a family friend who is a realtor and has worked with some investors before. But also because we don't really know (yet) how the process Would work without a realtor. Like I know that they're area wholesalers and FSBOs and all that, but how would the actual purchase work without the realtor?

@Odie Ayaga

We think a mostly cosmetic property would be good for our first property, but we're not afraid of some minor electrical, plumbing, mechanical, etc issues.

@Odie Ayaga

Well, we want to find a deal that could swing either way since the economy is so unsure right now. So it's not that we aren't sure which one we want to do, it's just that we're waiting to decide which until it's closer to time to sell/rent the property.

@Jason Hirko We don't have a specific deal picked out yet. We're looking at getting our first one in about a month when we have a little more time (we're in the middle of moving right now).

Which would you recommend for a first deal? Hard Money or a Conventional Loan? We want to do either a flip or a rental property, probably a single family, but possibly a duplex. I have enough for a 20% deposit already saved, but then how do I pay for the rehab?

@Jay Cooper We're going to do a couple deals in Dallas first before we try our hands at distance flipping, but I went to school out there and it's gorgeous. Especially out near Wimberley!

@Jay Cooper Best of luck to you! We have family in Austin and San Antonio and have been thinking of flipping a house in the hill country since we have a free place to stay. I'd love to see how you transform your space.

I'm just getting into all this and wondering how long do you normally spend on each property? Do you do this full-time?