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Updated over 5 years ago, 04/18/2019

User Stats

6
Posts
4
Votes
Richard Gray III
  • New to Real Estate
  • Fairfield, OH
4
Votes |
6
Posts

Newbie !!! Should i find the deal or lenders first ?

Richard Gray III
  • New to Real Estate
  • Fairfield, OH
Posted

I have a realtor that sends me listing about every other day, i working on building my credit and my capital at the moment. In the meantime I’m using a lot of my time reading books, listening to BP podcasts, and analyzing deals.

My goal is to find a duplex, triplex, or quad-plex to house hack/ BRRRR my way into saving capital and just to get my feet wet with my first property.

MY QUESTION.......

If i come across a deal and the numbers seem to work out, should i make an offer even tho i may not have the money ?

And knowing i may not qualify for a loan to pay.....

Should i pass on the deal ?

Because i know from reading and listening to podcasts tying up deals with no intention to buy is not Good impression to have going in to this business!

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