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Updated about 7 years ago,

User Stats

8
Posts
1
Votes
Carmelo Jimenez
  • Providence, RI
1
Votes |
8
Posts

First step into the Realstate world

Carmelo Jimenez
  • Providence, RI
Posted

Hello everyone my name is Carmelo, just like the subject says this will be my first step into the real state market world, Brandon Turner says I got to step out and ask and that's what I am doing. I have read that in the Real World, to really start with this you need at least some form of income(since this isn't quick get rich lol). That said I want to start by saying that I think I have an ok income of 1200 by weekly, My credit is important to me right now it's at 750, I am currently indebted like 17k but I am serious about my bills credit says that(like really I monitor all my accounts almost daily). Although I applied for an FHA loan I was going to get 300k ;-) if I wasn't indebted 17k(I think) but instead I got 180k =(. now this is I am confused, my real state agent sent me some listings but I have read here that some of these are very risky (I am scare because my dad lost a house like this) Now, should I just pay down debts then try again with FHA in like 2 years, or do you guys see an opportunity for me to flip that 180k for more profit and pay debt and keep investing. now I have seen some responses hear are a little harsh, but I Looove well phrased honesty i'd really appreciate any ideas really thank you guys.

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