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Updated almost 15 years ago on . Most recent reply
Please HELP me make this purchase!!
I am a newbie and I would be so gracious if I could find someone to help me acquire this property that I have been checking out. It is a small multifamily unit with two tenants and the other two units are vacant. My questions is: WHAT IN THE WORLD AM I SUPPOSED TO DO TO GET THIS PROPERTY WITH NO MONEY DOWN[u]???? Please HELP!!
-THANKS :lol:
Most Popular Reply
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Hi-
I would also like to add that as a newbie, REI can seem like a very easy and quick way to make money, but it is not. When I first started out, every deal seemed like a good deal, but a lot of them are not.
This property that you are considering might be a gem of a deal, but I would highly recommend that you ask people on BP to help you analyze a deal. It's amazing how much I have learned from just reading the posts here. Being a part of BP community and joining REIA are the two best decisions I will make in my REI career.
Don't jump into a deal because you feel like it's the only true deal out there, there are tons of deals out there. Do your due diligence and you will be fine.