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Updated over 10 years ago on . Most recent reply

User Stats

24
Posts
6
Votes
Shawn Daniel
  • Investor
  • Southfield, MI
6
Votes |
24
Posts

If you were in my shoes, and had to start over, what would you do???

Shawn Daniel
  • Investor
  • Southfield, MI
Posted

Here's a question for the seasoned/experienced investors out there. I've seen this question before, and saw amazing answers, so I figured I'd throw my situation out there to the piranhas. So...

The ultimate goal: Out of corporate America as a full-time investor doing one or two per fix and flips per month and build a solid rental portfolio (10+ Single/Multi-Family homes and a few large commercial properties).

I'm starting out with $10k-12k cash, about $10k available via lines of credit and a subpar credit report/score (subpar enough to where mortgages over $40k are pretty much out of the question).

If your were in my shoes, how would you start out with REI? (And no I don't want to stay at my current job and save for another 3 years. haha)

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