Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

5
Posts
1
Votes
Misty C Traylor
  • Fort Payne, AL
1
Votes |
5
Posts

What’s the next move

Misty C Traylor
  • Fort Payne, AL
Posted

I'm stuck. So stuck that when I logged on I realized I still had a post I had typed but never posted a few years ago when I started listening to bigger pockets (posted today). 3 years ago I did actually find a tax delinquent property attached to my current property and am now selling to the neighbor for a $5k profit. So that counts as a first deal, right? However I haven't done anything else. The execution is the hardest part. I have saved a good amount of cash. My home is paid for and I have an equity line I could use. I struggle with which avenue to pursue. Id love to have a vacation home rental but don't know if with all the HOA,fees, etc if it would actually cash flow. Or do I choose smaller local residential property for my first deal to get experience. Or go bigger and find a $600k property and pay cash for the down payment. Debt scares me. What advice would the seasoned folks have for me ? Thank you in advance.

Loading replies...