All Forum Posts by: Adrian Delgado

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

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?

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?