All Forum Posts by: Ahsan Butt

Hi guy, needed some advice! I found a property I’m very interested in. They allow financing. So what should my process be? Should I go thru a bank and try to get approved for a loan? Or go through the agency selling the property or better for me to go through a bank?

I really just want to hold on to it due to the fact that I inherited it and it’s been in my family for a while

Well it’s a family land. And it’s on an amazing location. So I’d like to do something with it due to the fact that I already have it.

Hi, my name is Ahsan! I’m not exactly new to having tenants but I am new to the investing part. Let me elaborately that. I am 22 years old and I inherited 2 properties. Property #1 was a vacant building which I have leased out and is giving me pretty good cash flow. Property #2 is a 2.5 acre empty lot. It is a residential property so no business possible therefore I was looking for advise on how I should use my cash flow from property #1 to invest into property #2. An idea I had was to save some money and purchase a mobile home and put it on rent. And of course save the cash flow from that to purchase more mobile homes and so on and so on. Soon having my 2.5 acres filled. But I would like some advice from someone more experienced to guide me in the proper path.