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All Forum Posts by: Angela Grantham

Angela Grantham has started 1 posts and replied 2 times.

I do have a question that I need your opinions on! I just bought a house about 6 months ago with a FHA loan which I cannot turn into a house hack investment unfortunately, therefore I am unable to buy a place using a FHA loan. I do not feel I would qualify for a conventional loan due to my income and all of the savings that I had went to buying the house I bought so that has been depleted. This is something that I have thought about for a long time, part of my family was in real estate investing but have not been in years and completely out of the loop, my background has absolutely nothing to do with construction so rehabbing a house is probably not an option for me but this is something that I want to get into and commit to!!! How do people in my situation able to start investing in real estate? Is it possible? How do I find deals in my community when I do not have the money to make a deal? My dream is to have STR rentals but wiling to start from anywhere I can, taking it all one step at a time. I have been listening to the podcasts and learning the elements that are needed to peruse real estate investing along with possible strategies for financing. I also acknowledge that having contacts to find deals is huge so I am reaching out the you guys to help me figure this out! At this point, I am thinking local (Skagit/Whatcom County area).

I have always been interested in real estate and grew up watching my grandparents managing multiple rentals. I am not planning their exact path but something like it. Real estate has always intrigued me and feel like there is so much that can be accomplished with investing in a project, making it something, and then seeing the return for it. I have no experience in real estate or investing which means I know I have a lot to learn and multiple podcasts to watch before I can get going. I want to make sure I learn everything I can so that I make the best decisions possible throughout the process. I have worked most of my life as an administrative assistant and going to college for my associates in business administration which gives me the administrative background to be able to succeed in real estate. I am actually in Whatcom County so I would want to stay around here or even Skagit County. My goal is to invest in places that I can turn into short term vacation rentals, in a hotel, and eventually invest in rental storage units.  I am literally starting from the bottom of all of this and figuring out my steps so please, any advice, coaching, and support is very much welcomed!