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Updated 6 days ago,
I need advice as a newbie starting out
Hello all,
my husband(42) and I(36) are brand new real estate investors. We have secured a home equity loan against our home (which we own out right with no mortgage payment). My husband wants to stay in our local market for two reasons. He has lived here his entire life, and knows the area very well, and he is a general contractor and has been remodeling homes in our area for 20 years. We are looking for a distressed property in which my husband will be rehabbing the entire project himself. I’m having a hard time finding a great price in a great location and I just can’t seem to pull the trigger on anything. Any advice on how to just dive in?