Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 18 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
N/A N/A
0
Votes |
8
Posts

Atlanta Newbie with Questions

N/A N/A
Posted

I live in the Atlanta Ga. area, in a very up and coming city where many people are starting to move to. I would like to get started in Real Estate Investing. I am now just doing as much research on the Net as possible and maybe looking to take some courses. I would like to get into Wholesaling and also Rehabbing. The thing is I don't work, i'm a stay at home mom but do work as a Travel Agent part time. I have very limited income, but loads of time to invest in building my Realestate buissness. My husband supports and encourages this and is willing to be the one to finance the deals, he has decent credit of 610. How much would we need to get started in Rehabbing and Wholesaling?? I have no expeirence and really don't even know what to look for in a property. We own our own home, which we bought as a Hud home. We have about $30,000 in equity in the home we own. Should I use that to get started? Here are my questions.

Is Atlanta a good market for Investors??
Should I do an equity line of credit to start my first deal??
Or is there financing where we can put No money down??
What do I look for in a good investment property??
Should I maybe first start at Wholesaling to build my money before doing a rehab?
Do hardmoney lenders pretty much fund your whole project?? How exactly does harmoney lending work??
Are there any Investors in Atlanta or anywhere close that would be interested in mentoring me??

I'm really eager to get started, but really don't know where to start. I'm doing research everyday for hours on end, but really haven't found any step by step guides.

Thanks to all that reply

Loading replies...