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Updated over 5 years ago on . Most recent reply

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220
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90
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Brandon Ribeiro
  • Real Estate Broker
  • Philadelphia, Pa
90
Votes |
220
Posts

Really need some help/advice

Brandon Ribeiro
  • Real Estate Broker
  • Philadelphia, Pa
Posted

im trying really hard to get the ball rolling with my real estate investing passion. the problem is I only really have about 12k to work with.

i am having a hard time knowing if deals are "good" or not because im not sure how to calculate or figure out ARV. i also am not sure how i would even fund the rehab, should i even buy a property.

should i move into a house and just house hack? or how can i buy strictly an investment property, because my lender says i need 30% down...which i dont have.

im just stuck in this circle of not knowing what to do and its really frustrating. seeing all these success stories is great, but i dont know how to get my feet off the ground to start doing what theyre doing as well!

Please help and thank you to everyone in advanced!

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Agent PHL
5.0 stars
16 Reviews
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Commercial Collateral Lending LLC

Most Popular Reply

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13
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19
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Replied

You could also do private money. Or wholesale a few properties until you have more capital

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