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Updated about 8 years ago,

User Stats

23
Posts
8
Votes
James P.
  • New Haven, CT
8
Votes |
23
Posts

Should I Calm Down?

James P.
  • New Haven, CT
Posted

I started out in real estate investing kind of different than others. I've been studying for about two months and the studying still continues. But while learning I've heard, "get out there and get your feet wet." A family member needed a car and I decided whelp this could be a good time to get my feet wet. I went out got a loan, I went to craigslist got a deal, I closed the deal, and I did a rehab on my car by getting it repaired. I imagined the car was a piece of real estate and used what I learned to get a car. This little experiment has caused my credit score to go up, but has also exhausted a lot of my free income. I enjoyed every bit of this little learning experience and was excited to get into real estate as soon as possible. I began calling realtors and they directed me to mortgage brokers. I have two meetings with two different mortgage brokers and I plan on calling more if everything doesn't pan out.

Now as I drive my car, I begin to coach myself out of moving forward. I keep telling myself that I need to calm down and take sometime to actually free up my income again.

Should I calm down? Or continue with the momentum and see what happens next?

I feel this should be my introductory post to biggerpockets and I appreciate all the support and advice given in the near future!

Thank you!

James

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