Next Path forward, fresh investor with 90k

[Henry Salinas]

Hey everyone, Im Henry, from Houston. 

Been lurking on BP for a while now but just recently decided to make some money moves. I built up a good bit of equity in my home and im finally going to use it. Im in the process of getting a HELOC for 90K that i intend to use for BRRRR. Last week i started an LLC for tax incentives and super excited to get the process going. As ive been on BP ive realized finding the homes is the hardest part. Ive been looking on Myhomedeals and also have a wholesaler with NWA sending me their list of homes. I have a contractor ready to work that ive had remodel previous homes after floods ready to go. I have ton of drive but just need a little sense of direction. Now that things are coming together to get started.

Besides find a good deal. What do's and donts should i follow.

thank yal

[Kerry Baird]

Sounds like a plan.  There are a million ways to go, so the fact you have a plan is good. 

I have written letters to get houses, door knocked, never used a wholesaler (since I was doing the footwork myself). Have written to probates, pre-foreclosures. Have bought from MLS, went to the local foreclosure auctions but did not buy there. I have picked up 4 FSBOs where the owners carried a mortgage back and we used our own cash to renovate.

If you use the MLS, a savvy investor friendly agent would be helpful. Find your lender early.