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Updated about 10 years ago,

User Stats

104
Posts
53
Votes
Chris Puglisi
  • Investor
  • Wallingford, CT
53
Votes |
104
Posts

Help!

Chris Puglisi
  • Investor
  • Wallingford, CT
Posted

I have been reading and learning over the past year and my goal for 2015 is to make my purchase.  This past week I found a deal that I am really excited about.  A motivated seller for a home that needs mostly cosmetic work.  I have looked over the numbers multiple times and looked at comps in the area but there weren't many that are similar to the property I am looking at.  the numbers seem to work and I have a large margin of error.  But I am having trouble pulling the trigger.  How did you guys work up the courage to make that first purchase and take that risk?  I think part of the reason I am concerned is that the numbers even when expenses are doubled still leave room to make money.  It almost seems to good to be true.  I don't want my first purchase to be a bust because I have been saving for a few years to make my first deal.  

Just looking for a little motivation. 

Thank you 

Chris 

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