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Updated over 7 years ago on . Most recent reply

User Stats

15
Posts
6
Votes
Ricky Jefferson
  • Investor
  • Woodland Hills, Ca
6
Votes |
15
Posts

Taking the next step

Ricky Jefferson
  • Investor
  • Woodland Hills, Ca
Posted

This is a follow-up to my original post - I have been eagerly anticipating my next commission check to start my investment journey. Well that day has come and I already had an offer on the table before receiving the money. Fortunately I have enough to make the down payment but my credit isn’t the strongest so I will have to find a Private lender of Hard Money lender to make the deal. I’m searching out all my options now. I’m buying properties in Mississippi and it looks like all of the lenders require a minimum of 150,000. I joined a local Credit Union so perhaps that will be my saving grace. if anyone have any suggestions on how to get this financed please let me know.

Bigger Pockets has been extremely motivating and once I get this ball rolling again I'm certain I will achieve my goals of acquiring 25 SFH's in the next two years and then moving to Multi Units. Increaseing my net worth to over 2 million in 5 years….that's the plan.

Cheers!

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