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Updated about 3 years ago,

User Stats

12
Posts
3
Votes
Sean Ryther
  • St. Paul, MN
3
Votes |
12
Posts

Hitting some hurdles - any advice greatly appreciated.

Sean Ryther
  • St. Paul, MN
Posted

BP community,

I am not discouraged but also find myself probably in the same situation as many who are starting out and seeking advice to get some traction.

I don't have enough cash (yet) to make cash offers, so I keep losing out on the offers I put out. I am working with a single realtor and signed a 6 mo. contract (which I'm not sure is the best thing, but it is what it is) I am only getting houses from the MLS which I can also find on all the online real estate sites. So I feel like I am not getting an edge here.

I am at the point now where I am willing to go door-knocking.  I've never done it before, but hear from BT that driving for dollars is a good way to find properties offline.  

Does anyone have any experience with this method?  I recall him sharing a postcard option at one time.  I am fine even writing a letter.  I am motivated to do what it takes to get my journey going.

On a side note. I am looking to get more cash available by taking out a HELOC. Does anyone have any recommendations on the best lender? I saw Rocket Mortgage and Guaranteed Rate, but that was from a limited search.

I am also curious about other creative ways to get lending so I can be that guy who makes the cash offer and not always losing out to the cash offers.  I just bought the Audbile version of the book by BT so I'm sure I'll learn ways shortly.

Thank you in advance!

In Health,

Sean

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