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All Forum Posts by: Adrian Delgado

Adrian Delgado has started 2 posts and replied 7 times.

@Mark Douglas Thank you for your response! The most helpful.

Be specific and explain the reason as to how you were unsuccessful.

Hello, so I always read these amazing stories about how successful people have been with their Real Estate Investing. However, today I want to hear different stories about a time you guys were NOT successful. The reason why is because it will help everyone on these forums learn from each others mistakes and different experiences.

A wise man once said: "If you can, learn from the mistakes of others so you never have to make the same ones again."

Happy Investing!

*Bonus*** Does anybody know of a website that is like BiggerPockets but about stock trading?

Hello, so I am new to real estate investing. I have started reading books and getting more involved with the BiggerPockets forum because after reading some of the "Success Principles" book, I decided that I am the only one that can make my dreams come true. I have known this but now I have now changed the way I day dream and I am focusing on my goals that will make my dream of becoming a real estate investor for profit and a hobby come true.

So my question is: How do I buy a house with no money down? I currently have a full-time job but I earn minimum wage & I am unfortunately about $5k in debt to my credit card. :(

My second question(s) are: When I do buy a home, how can I pay the mortgage of it without renting it out to tenants? How long does it generally take to buy, close a deal, and later be able to put it back up on the market to resell it? Are people that are going to buy my new home able to see how much I myself paid for the home? What books do you recommend on estimating rehab costs?

Thank you for taking the time to read. I can't wait to hear everyone's different responses so that I can absorb as much information from different people and their strategies!

@Alex Babayev Thank you for replying. I was wondering what F & D stood for but after analyzing the spread sheet some more I realized you were using them as a variable. So after all your closing costs and down payment, what is your principal balance left to pay?

Do you usually get mortgages or sometimes buy properties straight cash?

Post: Lafayette, LA Success Story #6

Adrian DelgadoPosted
  • San Antonio, TX
  • Posts 7
  • Votes 5

Nice job! Glad to hear about your success story.

This is a really cool post! I enjoyed reading this and finding out different possibilities to make money with real estate. I was looking at your spreadsheet & since I am still new (starting) in Real Estate, I did not understand what F, D, F/D meant... what was it?