Neophyte investor currently testing the low or no money down property acquisition market to build enough capital in order to close on deals myself, primarily using the fix n flip exit strategy and eventually buy and holds. My long term goals are to acquire as much buy and hold properties as my reserves allow without having my name on the loans, minimizing my risk to market fluctuations, cash deposits and my credit. I'm also very interested in development, and the financing involved in REI, in addition to the business aspects of real estate investing; scalability and/or automating the processes, investing in distant markets, minimizing expenses, managing people who manage other people, etc. My goal is to gain enough knowledge and experience investing, then refining the system in various areas, hiring other people to take over, or automating as much tasks as possible with technology, so I can scale and open in new counties/states. Learn investing, scale the system, make it portable, invest anywhere. I can only handle so many deals myself, with only so much time. If the goal is to close many deals, It is wiser to spend time developing tiered systems that close deals for me on auto pilot. I'm currently interested in working with investor friendly lenders within TN, specifically, the Morristown, Hamblen County area. I'd love to get prequalified for loan refinancing from any nearby city banks or credit unions or team up with any private lenders in the area.
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