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Updated over 7 years ago on . Most recent reply
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What Type of Deal Should I Do? Sacramento, California
Hello all at BP!
I am a nineteen year old college student with no income and knowledge on real estate investing. However, I do have a line of credit with good or fair numbers. Im reading books, trying to find mentors, trying to learn more about analyzing different parts of deals, and trying to learn all i can about Real estate. But with this low income, which would be the safest and/or best deal I could make?
My roommate, (who i plan on partnering with) says that our first deal should be a fix and flip because we're looking to achieve a goal of around Twenty Thousand Dollars fast off a flip. But again, with the current position im in, Im not sure which type of deal I should look seal.
Any thoughts would be appreciated, thank you!
Most Popular Reply
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@Quang Tran Hope this helps. If I am doing a flip in Chico you are more than welcome to come see what we do and see the costs/before/after. I have had several others come by so they can get a hands on feel. I will probably be doing one soon so stay in touch. Good luck. Also they have investor meet up groups in Sacramento. Go check it out!