Starting out and have a few questions!

[Rebecca Hays]

Hello!

Just starting out in SE Louisiana. I have several questions- maybe these are obvious, but I'm just asking as I have questions. 

1. Is having a tax lien on a property more motivation to sell for the owner? I read where it can get tricky depending on how much is owed on the house. I haven't seen much about people using this as a strategy to get leads. Can y'all explain more on it?

2. For wholesaling in Louisiana- it seems it may be better to use transactional funding instead of just assigning. True? Also- do I need an LLC to use this funding?

3. I am trying to figure out the best method/strategy for my family to get started. We are currently renting. I want to put us in a home as well as start investing. Originally, I was thinking just using FHA to buy our home and start by trying to wholesale properties to earn the extra income. I guess my question is what advice would yall have for getting started if you also were looking to buy a place for your primary residence as well?

[Rebecca Hays]

@Dreyson John Kuikaika Mahi THANK YOU! I can already see it's a lot of work, but I've enjoyed it all so far and will continue to put in the work everyday!