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Updated almost 13 years ago,

User Stats

5
Posts
1
Votes
Rajeev Verma
  • Lender
  • Kansas City, MO
1
Votes |
5
Posts

How to Proceed

Rajeev Verma
  • Lender
  • Kansas City, MO
Posted

To all the pros,

I need your guidance on how do I proceed from here.
I have been in real estate for couple of years but have bought only 3 houses so far. Two are lease optioned one is currently undergoing rehab. Planning to sell it after the rehab is done. I took loans from the bank for these houses and now I am out of money. I want to get to a point where I can do at least one deal a month.
However there are 3 challenges

- Have a big time constraint because of 8 to 5 job
- Do not have any money for downpayment for any more houses.
- Not sure what kind of marketing should I do. I have marketing budget of $500 which I can stretch up to $700 per month.

Have you been in this state before ? What did you do and how did you get out ?

Thanks
RKV