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Updated almost 3 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Jose Varnadoe
2
Votes |
17
Posts

New investor in need of advice and contacts

Jose Varnadoe
Posted

So I am looking into investing, I've been doing all kinds of research and have came to the conclusion that I am going to save up some capital and then find a hard money lender. If I knew a private lender I would go that route, but my basic plan is to get a loan do my fix and flip then take the profits and re invest them and at some point once I've made enough I can buy my first rental property and use that as passive income while I continue to flip. I am also going to acquire my real estate license so I can have access the the MLS. Any thoughts on my BASIC plan?

Most Popular Reply

User Stats

79
Posts
61
Votes
Sarah Bojorquez
  • Real Estate Agent
  • Cincinnati OH, USA
61
Votes |
79
Posts
Sarah Bojorquez
  • Real Estate Agent
  • Cincinnati OH, USA
Replied

I completely understand and I do recommend getting your license once you get rolling. Or finding a good real estate agent who really works well with investors and has your best interest at heart. You'd be surprised how accommodating we can be.  In the meantime if you need any advice or any comps pulled in Cincinnati I'm always happy to help. We're all in this together right? Completely off topic but do you mind if I ask who you drive for? I'm trying to talk my son into getting his CD l's and wondering which companies are good to kind of push him towards.

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