Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Justin Edwards
  • Realtor
  • Birmingham, AL
0
Votes |
3
Posts

Newbie with questions

Justin Edwards
  • Realtor
  • Birmingham, AL
Posted

I am a newbie to BP and have been hanging out for a few months just trying to soak it all up.  I wanted to put my scenario out there and see what the BP community had to say.

I have had 1 SFR for about 4 years and have just recently left my business after 7 years. I have some cash to work with but what I don't have is a W2 or excellent credit. I would say my credit is good. After reading some of the Cash flow vs. COC debates it seems that COC would be a better use of my money. Like everyone else I am looking to achieve as much cash flow as possible. I guess my question is how do I achieve this? I'm still wrapping my head around the creative finance process and just don't quite understand where to start. Thanks in advance for any input.

Loading replies...