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Updated over 14 years ago on . Most recent reply

User Stats

12
Posts
2
Votes
Craig M
  • Homeowner
  • Austin, TX
2
Votes |
12
Posts

Austin, Texas

Craig M
  • Homeowner
  • Austin, TX
Posted

First off, this forum is great. It seems like people here have a great attitude, without the overload of mentors/gurus/buy my book for $$$ responses on every thread (like I've seen on other forums that will remain unnamed). I've been lurking for a little while, reading all I can, but I'm still incredibly green.

In trying to sell my personal residence, I stumbled upon owner financing options, which led to reading about other creative financing ideas, which just kind of sparked my interest in REI...

Most Popular Reply

User Stats

118
Posts
76
Votes
Tom Bukacek
  • Real Estate Investor
  • Austin, TX
76
Votes |
118
Posts
Tom Bukacek
  • Real Estate Investor
  • Austin, TX
Replied

Craig- figure out what your goals are, what your financial resources are, then you will be able to determine your strategy.

For example, if you don't have much cash or credit to work with, wholesale or sub to may be a better option.

If you have a large amount of cash and are handy, fix n flip, short sales, auctions, or REOs may be good.

Just some quick food for thought. If you're goals and resources match your strategy, you'll be in good shape.

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