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Updated over 9 years ago,
New Member from Wilmington NC area!!
Hello BP! My name is Brett. I'm new to the real estate world, however this is not my first time doing research. Anyway here's a little about my plan(s). I live about 30 minutes outside of Wilmington, NC in the Southport area. I have not yet found a mentor, mainly because I started this whole process about 5 days ago :)
Immediate goal of six months is to purchase a duplex,triplex or quad through a FHA. under 150000, including repairs. cash flow is not necessary but strongly preferred.
Long term goal of ten years is to be financially free by having a passive cash flow of at least 7000 a month through long term rental (with a exit plan of selling each after 10 years, this may change with time)
At the moment I'm educating and preparing my self through BP and the podcast so that I can make an offer within that 6 month goal.