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Updated almost 9 years ago on . Most recent reply

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Nick Ferrer
  • Raleigh, NC
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New member in Eastern NC!!

Nick Ferrer
  • Raleigh, NC
Posted
Hello everybody! I'm excited to be joining this network of investors. I have several wealth goals I would like to achieve and heard that investing in real estate could be a perfect way to do this while also still holding a full time job sales job. I live in Eastern NC (Greenville, moving to Raleigh) and would like to get started as soon as possible. I would like some guidance on the following (please remember I am completely new to the housing/construction business as a whole so some of my questions might be no brainers for the more experienced of you but they are crucial for me): 1. For my first investment, are there any current specific market areas or states in which I should look for property? Some that are more valuable than others? Or should I stick to property around where I currently live and work? 2. If a house needs 'work' or the goal is to flip the house, do you contract that out or do you have to do it yourself for the sake of costs? 3. In terms of actual purchase of the property, what if I have subpar credit? Any ways to remedy that enough to purchase a property with good rates? These mighty be difficult questions to answer but I'm a little lost here and would really like to start this business yesterday if I can. Thank you!!

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Trexie E.
  • BiggerPockets Support
  • Davao, Davao del Sur
163
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937
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Trexie E.
  • BiggerPockets Support
  • Davao, Davao del Sur
Replied

Welcome to BP! @Nick Ferrer

Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

  • Trexie E.
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