Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Adam Redhead

Adam Redhead has started 3 posts and replied 9 times.

Post: Clarification on Process

Adam RedheadPosted
  • Posts 11
  • Votes 2
Originally posted by @Ronald Allen Barney:

Create the partnership before sending in an offer.  Most capital partners are going to want mortgage loan involvement to reduce cash outlay for a deal, and mortgage lenders are going to scrutinize your cash position going in, so the first step is to get your cash ducks in a row with the capital partner/investor.

@Ronald Allen Barney: Thank you for your input. Well definitely form the partnership first before sending in an offer. Getting the cash ducks in a row I am thinking would also make the process move faster and smoother. Thanks for your input Ronlald! 

Post: Clarification on Process

Adam RedheadPosted
  • Posts 11
  • Votes 2

Hi Guys, Was listening to Brandon's webinar on how a newbie can start building wealth through real estate. My question is that if you don't have any money and see a property that would be a good deal, do you first put in an offer and when selected you go get someone to partner with you for the down payment and loan, or do you create the partnership first before sending in an offer? 

Thanks! Great to be here! 

Also the rent is 750 x 3 units = $2250 

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hi Guys I am geting practice analyzing deals. What you guys think about this one. Thanks for your feedback. 

Originally posted by @Julio Gonzalez:

Hi Adam, welcome to the community! You found the right place for information.

Thanks Julio! 

Originally posted by @Michelle Herschend:

@Adam Redhead

Hello and welcome!

I seem to be in the minority, but I think having your license is a plus when it comes to investing. I like having access to the MLS, my local board group for networking, easy access to tax data, etc. I don't have to worry about wasting another agents time gathering info and making offers. It has been beneficial for me!

@Michelle Herschend: Hi Michelle: Was thinking the same way to. May have access to listings before they hit the market is definitely a plus. Also learning the ins and out will definitely help to know how the process works. I will definitely look into it. 

Originally posted by @Anthoney Hanks:

Hello @Adam Redhead and welcome to the BP community. You have found the right place to learn and grow. Wishing you success! 

Thank you very much Anthoney! Already learning so much just by reviewing the guides and looking at the video replays.

Hi Guys! I am new to real estate investing. I  got a new job in the georgia area so I told myself it's time to get into real estate and build the life and the freedom I want :). Have a couple of questions: (1) Should I start to work towards getting my real estate license? I am thinking if I can get experience on the different processes involved it may help me to understand and move faster with real estate investing. and (2) Is there a specific order to watch the learning videos or webinars? Thank you in advance for answering my questions.