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All Forum Posts by: Antione D.

Antione D. has started 6 posts and replied 16 times.

Post: New Idea On How To Get Started, Need Advice

Antione D.Posted
  • Hamilton, Hamilton
  • Posts 16
  • Votes 1

Hey BP!

Ok so, I know I don't post very often. But I've been reading articles non stop, trying to take in as much info as I possibly can. Now I like to think I have a pretty good idea as to how REI operates, and I really want to dive right in.

Ok so, the reason I'm posting now is because I'm still completely brand new to all of this, but I think I've come up with a pretty good way to get started. But honestly I'm terrified that I may have overlooked something important and I could mess up because of it. So I'd like to tell you guys my plan, and I guess anybody can tell me if it's good or not.

I guess to sum it all up, I'd like to use a hard money loan (unless anybody has more useful suggestions) to purchase foreclosures (in the Atlanta area) and resell them to flippers. Or, I guess whoever wants said property. Is that a good way to start? Am I missing anything important? Do you guys need more details? I'll take any kind of criticism I can get, be as blunt as you need to be.

Thanks guys. Oh and by the way, just out of curiosity, if I start out like that, would that be considered flipping or wholesale? I feel like it has elements of both, and I'm not to sure what category that falls into.

Post: Wholesale Laws in Atlanta, GA

Antione D.Posted
  • Hamilton, Hamilton
  • Posts 16
  • Votes 1

Hmmmm, that's pretty helpful to know. Thanks!

Post: Wholesale Laws in Atlanta, GA

Antione D.Posted
  • Hamilton, Hamilton
  • Posts 16
  • Votes 1

Ok so, I was reading the Beginners Guide to Wholesale and I saw a part that says certain states may consider wholesale illegal, and some others require a broker license. I aim to get started in Atlanta, does anybody know the requirements for wholesaling in Atlanta, or at least knows where I can find out?

Post: Absolute Beginner, Bermuda

Antione D.Posted
  • Hamilton, Hamilton
  • Posts 16
  • Votes 1

Hello Bigger Pockets!

My name is Antione and I'm completely new to real estate. I joined not too long ago, and the first thing I did was read the untimate beginners guide. I must say, I'm just about finished with it and I learned so much! After careful consideration, I've decided that I want to focus on buying and holding multifamily homes... I may also be interested in wholesale.

But here's the problem - I'm a Non-US Citizen who lives on an island. Is there any recommended reading material for investing from afar? Or advice? Any suggestions at all would be greatly appreciated.

Post: Hamilton, Bermuda... Absolute Beginner

Antione D.Posted
  • Hamilton, Hamilton
  • Posts 16
  • Votes 1

Thanks man! I downloaded it earlier today, im reading it right now!

Post: Hamilton, Bermuda... Absolute Beginner

Antione D.Posted
  • Hamilton, Hamilton
  • Posts 16
  • Votes 1

Hi BiggerPockets,

My name is Antione and I'm completely new to Real Estate investing. I guess before i get into anything else I should make known 2 things. 1, I live in Bermuda. Its an island just off America's East Coast, the flight is about 2-3 hrs from Atlanta. And 2, to be brutally honest, I'm dirt poor. I'm 25 and have nothing but a part time job and a bus pass. I took interest in real estate after a conversation with an older coworker not too long ago, and after doing some research both in books and on BiggerPockets, I decided I want to buy and hold apartments and other multifamily buildings. Any advice on how to further my education or getting started would be greatly appreciated.

(Oh, I should mention for a few reasons I am NOT looking to purchase in Bermuda. I want to purchase in America, I read that it's legal for Non-US residents to do it. Is that true?)