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Updated almost 10 years ago,
Hi, New BP & REI from High Desert in California
Hello to everyone! I'm one of the new kids on the block here in BP and in RE investing. My husband and I have been studying and setting up our business in the last few months, and our minds are spinning from all there is to learn, see, think, do and know about. I'm excited to get our first property offer accepted, but scared we'll get our first property! Then what? How best to pay for it? If we find one, how do we present the deal to a hard money lender? Then once it gets accepted, we need local rehab contractors, real estate pros, (and more lenders), a good title company to work with, and that's just to start. We hope to connect with those who have positive experiences in the Palmdale, Lancaster, and Quartz Hill areas.
We expect to start with wholesaling and/or smaller SFR flips; I enjoy planning rehabbing to within (or maybe gently pushing) the neighborhood rehab standard. To begin, I'd like to find one or more good (& hopefully) quick methods to figure out what that standard is after ascertaining which neighborhoods to focus on.
I have a varied background, including computer programming, and my husband has been in the business of healthcare providing. He and I have enjoyed many DIY and HGTV shows over the last 7 years, and until recently, never dreamed we'd be buying and selling homes and properties for and to others!
Looking forward to any and all insights any of you would like to share with us!
Annette and Harvey M