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Updated about 11 years ago on . Most recent reply

User Stats

38
Posts
17
Votes
Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
17
Votes |
38
Posts

Introduction From Iowa

Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
Posted

Hey Guys just wanted to introduce myself as I plan on getting connected threw the forums. I am a buy and hold investor in very rural area in Iowa. Most of my rentals are in a town with a population of about 3500. bought our first house three years ago and now own 12 units. 4 houses and 2 fourplexes. I got started with $20,000 401k loan and used construction financing to rehab 2 houses and a 4 unit in my first year. from then on we have refinanced those properties and bought two houses with nothing out of pocket. my last purchase was another 4 unit which i purchased with a partner who asked me if they could invest with us. Our plan is to continue to purchase rehab holds and build our equity and income. looking forward to getting to know you all better.

Darren

Most Popular Reply

User Stats

38
Posts
17
Votes
Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
17
Votes |
38
Posts
Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
Replied

thanks Brandon Turner Im defentaly on the get in and get started side of the debate. Bigger Pockets has been a great source for lot of my questions. Thanks for the podcast. It the reason I went to a pro membership.

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