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Updated about 1 year ago,
RE Rookie standing at the fork in the real estate road (still)
I've been down the podcasting and "self education" path for close to two years now but I'm still taking baby steps. . . more like crawling. This spring, i took out a cash out refi on my primary residence, to use as down payment funds so I'll be ready once I find a deal.
I'm a superintendent in the general contracting realm with a background as a carpenter. I have the passion and ability to use this skill set to aid in a potential deal ie; value add/rehab. However, I'm hung up with the specific strategy. The cash we have available doesn't go as far in my backyard, limiting opportunities compared to out of state. However, with my skill set, I have a hard time committing to an out of state deal, knowing this will hinder my ability to get/give the most value.
I'm super interested in seller financing and think this could be my best opportunity but I haven't made those local connections or gained the confidence to move forward.
Hoping to gain some insight and hopefully some great local Rhode Island contacts, too!
Many Thanks,
Brent