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Updated over 4 years ago on . Most recent reply

User Stats

609
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321
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Dustin Beam
  • Kansas City, MO
321
Votes |
609
Posts

I hesitate to call this a success story

Dustin Beam
  • Kansas City, MO
Posted

Not sure I can call it a success until I've had sustained cashflow, but I did close on my first properties yesterday. They are three fourplex buildings, basically identical and side by side. They are located in Kansas City metro (Raytown to be specific).

I lot of excitement and some nervousness (I don't know what I don't know), but I obviously expect it work out or I wouldn't have gone through with it!

There were lots of headaches along the way for several reasons, many because of my inexperience. Commercial or traditional financing, getting it under contract (FSBO), etc, etc. But it worked out and here I am.

Thanks to everyone at BP, and @Joshua Dorkin for starting the site. It has helped me tremendously and I expect it will going forward!

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