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Updated almost 7 years ago on . Most recent reply

User Stats

7
Posts
4
Votes
Jake Ferris
  • Milwaukee, WI
4
Votes |
7
Posts

First deal in Milwaukee WI

Jake Ferris
  • Milwaukee, WI
Posted

Hello Bigger Pockets Network,

I am a 28 year old dentist who runs a private practice in Milwaukee WI.  I recently went through the real estate acquisition process when I purchased the commercial real estate that houses my dental practice last year which sparked my interest. My girlfriend who doesn't work full time and I would like to get into real estate investing. Since I have been self employed for less than a year, I have had a hard time getting pre-approved for a loan. Together, we have the liquidity to by a smaller property but I would much rather be able to finance something for cashflow. Should I be focusing on a foreclosure or what would be recommended? 

Jake

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