Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
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 4 years ago on . Most recent reply

User Stats

24
Posts
12
Votes
Robin Gravlin
  • Flipper/Rehabber
  • Granite Bay, CA
12
Votes |
24
Posts

What the “BLEEP”??!!

Robin Gravlin
  • Flipper/Rehabber
  • Granite Bay, CA
Posted

My scenario... need help getting me off the freakin tea cup ride and onto the race track.

Facts;

Retired and married to a self made millionaire with assets only in his name. That’s fine... he worked his *** off!

I own two sfr in Northern California.

One is co-signed by my father 🥴 (I’m 56)

Other is co-signed with my husband. (😖😖)

neither of them are keen to adding more properties in their names

I can’t qualify by my self and I want to invest in more properties or even flips to increase lumps of cash to start buying on MY OWN!  It’s killing me.  

I have approx 150000 equity in each property.  I can’t even qualify for a refi!

Should I get a job that sucks to have a w-2?  

What’s my plan B??  Ideas? Please help I’m getting dizzy and frustrated!!! Open to many ideas.  I just want to get going!

Most Popular Reply

User Stats

43,164
Posts
63,754
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,754
Votes |
43,164
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @Taylor L.:

Why not sell and look in other areas? Or partner with someone else? $300k (granted you'll likely pay tax on at least some of that) is enough to get you a good few units in many markets outside of California. California's job market stinks right now, if the W2 strategy isn't for you then why not build a business of some kind? Get into wholesaling. Or go work for a successful investor for free for a while.

or get a real estate license and get PAID to learn how to do real estate not sure why anyone would work for free in the wholesaling space..  waste of time.

further since your hubby is a self made millionare then I suspect like others said your social circle will be well off folks who own expensive homes.. you become a realtor and start listing their homes.. and selling them homes.. much better shelf life .. wholesaling is very intensive and hard to do..

you get on a top producer team and you will make money while you learn.. Plus you meet all sorts of real players. not just investors who only look at you as someone to bring them a deall .. chew you up and spit you out.. 

business profile image
JLH Capital Partners

Loading replies...