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All Forum Posts by: Angela Godbout

Angela Godbout has started 1 posts and replied 4 times.

Post: I'm Brand New and in Need of a Bit of Hand Holding

Angela GodboutPosted
  • New to Real Estate
  • Maine
  • Posts 5
  • Votes 4
Quote from @Ned Carey:

@Angela Godbout Welcome to BP. 

I don’t know if this guy is a scam or not but be aware that scammers in this business are common.  100% financing for new investors is very rare. It may not even be the best way to go because today many deals won’t cash flow with 100% financing. 

We have some free guides on the site to get started. There are lots of people here willing to help. 

Good luck


 Thank you! So far everyone in the BP community have been amazing.

Post: I'm Brand New and in Need of a Bit of Hand Holding

Angela GodboutPosted
  • New to Real Estate
  • Maine
  • Posts 5
  • Votes 4

Hi, I am a single, disabled woman in need of serious help. Let me just give a bit of background so you know where I am coming from. I have some cognitive impairments due to a tumor that are really hindering me at every turn. I want to earn money and be able to afford a vehicle and a home of my home but I live on $1100.00 a month...literally. I don't make enough to cover my bills, never mind try to save. I used to be smart, and my brains are still in there, I just can't always use them on demand. So, I am looking for any tips that I can find to earn money without money. I have seen so many options in BP that it is almost overwhelming. I would love to do BRRRR or flip or STR or anything really. How realistic is this dream? I have been talking to a gentleman that owns Paradise10, Steve, that is acting like he will help me and do 100% financing. Does that sound legit or a scam? With my messed up thought processing, I can't tell the difference anymore. So, please help me help myself. Like I said, I used to be quite smart and those brains are still there just not as easily accessed as before.

Quote from @Johann Villalvir:
Quote from @Angela Godbout:

I just went to look at my first house. I was told to pay attention to roof, floors, water stains or damage that could cause mold. Also the basement...is it dry? Are there any noticeable cracks. 


 Great points. I'm curious, what data and information did you see before you decided to go visit the house in person?


 This was the info that we saw...plus pictures.

"

308 Whittier Roasd, Farmington, ME 04955

It will not qualify for a FHA loan.Perfect, we can offer all cash.Find out why they are selling?Why will it not qualify for FHA?Does it make sense for you?What would it need to increase in value?What would that value be?Only do what is necessary to increase in value.Below is an estimate of how much they owe.
MAKE an offer contingent on Home Inspection."

I just went to look at my first house. I was told to pay attention to roof, floors, water stains or damage that could cause mold. Also the basement...is it dry? Are there any noticeable cracks.