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Updated over 8 years ago,
New Member from Houston, Texas
My name is Jean Ambuehl. I am an Interior Designer in Houston, TX. Ever since I graduated I knew that I really wanted to be a Real Estate Investor. I talked my husband into buying a foreclosure for our first home and did the entire remodel ourselves over the course of five years while both working full time. My husband is a Chef and I was working for a Landscape Architect. While we didn't make as much profit as I wanted when we sold the house, we did make some profit selling for 96% of asking price after only 30 days on market.
My husband found Bigger Pockets back in January and we've spent the last few months trying to figure out how to work in Real Estate Investment full time. To quote my husband, we've been Real Estate Addicts! We've looked and bid on several properties but each one was purchased by other Investors before I could get funding together. Through this site, I managed to find insurance and a hard money lender. However the lender will only finance about 62% of the necessary funds. We have spent the last month trying to sell our RV in order to finance our percentage of the funding. Although we have shown the RV to several people, there have been no offers yet.
So, I'm feeling extremely frustrated and like I've hit a roadblock that I can't get around. I know this is the field I want to work in but without thousands of dollars of my own, I just don't know how to do it. I'm willing to do whatever it takes to get started in Real Estate, even if I can't get my own project right now. Is there anyone out there in Houston that needs help?
Thanks,
Jean