New to Investing

[Carlo Finotti]

Good morning!

I’m fairly new to the real estate long-term investing strategy. I live outside of the Pittsburgh market place with my family. My wife and I hold good jobs, but we realize there is a need to expand and invest in long-term assets. We did own a duplex many years ago and we sold two separate homes that we lived in while rehabbing to add value which we sold for a good profit margin.

With all of that being said, I’m trying to figure out next steps:--)

This is my plan:

• Form LLC
• Build website
• Begin looking for a deal (the nitch)

I have read and watched plenty of videos and it’s apparent that when you find a deal that you can use for multiple purposes (flip, rehab and rent, wholesale).

Find the deal:

• Build relationships with other investors
• Craig’s list
• Marketing drop
• Call on for rent signs
• Look in the paper
• What else?

Then there is funding:

• Traditional lending
• Private money
• Hard money
• Creative (subject to, lease, etc)

I have a little money to invest now, but I plan on having more in the future, so creative and private funding might be the way to go.

It would be much appreciated if anyone could direct me to posts and or articles on building leads or how to start finding potential deals.  It looks like I can't ask for any good private / hard money lenders, so I will not:)

Thx!