All Forum Posts by: Adeva Edobor

@Lance Bricca I think you need to establish some credit and save some money. During that time, study Real estate investing. (Watch videos, read books and talk to people) Spend some time analyzing deals and scenarios. Every so often, you'll find the perfect deal. However, don't rush in. There'll always be another deal. Figure out how you plan to invest: wholesale, flip, buy n hold etc and when you do, stick to it

@Sarah Pursell Raise the rent on the new lease and get a property manager.

@Mark Coleman That's a good rate. But like I said you'll wanna refinance soon after. Not necessarily because of a better rate in this case because that's a decent rate for investment real estate, but for the availability. You want to have the HELOC available again asap in case you run into a good deal. Using a HELOC, you have to be careful too. I don't know your level of experience but like any cash purchase, do extra due diligence because you may be tempted to skip some due diligence that the bank will typically force you to do to protect their investment.

@Mark Coleman It's a great tool to make a purchase because it gives you the power of making cash offers but you'll want to refinance almost immediately because you'd obviously get a better rate with a traditional mortgage. Plus you'll have the cash available again for your next deal. What city is the property?

@Wesley Cleveland

I just did and I am surprised that so many people had a bad experience. I am not supporting his service though. Just the content of his videos. I think he provides a lot of clarity to buy and hold real estate

I feel bad reading all this about Morris Invest. His videos played a huge role in encouraging me to invest in buy and hold real estate. I didn't invest with his company but I did learn a lot from him

Don't avoid Clayton Morris. I don't know anything about the actual service but the information he shares is very good