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All Forum Posts by: Benjamin Z. Pickens

Benjamin Z. Pickens has started 12 posts and replied 36 times.

Post: How to fund first deal

Benjamin Z. PickensPosted
  • Woodsfield, OH
  • Posts 37
  • Votes 4

I'm on the path to being more frugal...I'm working 3 jobs now but feel like I can't get ahead and that's why I was turned on to real estate. I hardly ever see my wife and kids and that's my "why". I wanna have the freedom to work only one or zero jobs if I choose. Just trying to work out a system. Wholesaleing is appealing simply because I only need to find a deal and then find someone else with money. However, I'm in ohio and heard wholesale in my state can get you into some unfavorable legal situations due to it being considered brokering without a license. 

Post: How to fund first deal

Benjamin Z. PickensPosted
  • Woodsfield, OH
  • Posts 37
  • Votes 4

I'm quickly realizing this. Hitting the networking hard. I'm thinking wholesaling maybe the way to go. Marketing will be key as well.

Post: How to fund first deal

Benjamin Z. PickensPosted
  • Woodsfield, OH
  • Posts 37
  • Votes 4

Looking for some advice. I would like to begin my career in real estate investing. I hear a lot about using other people's money to get started. However, there is a lot of information stating that I can't expect to be given money with no experience and bringing nothing to the table. 

Funding is the only thing prohibiting me from getting started. DTI is ok and I have a good relationship with my local financial institution. However, I have no savings and it would take quite a while to save 20% for a decent property.

Has anyone else been in this situation? Looking for advice on getting funding to get started. Thanks.

Post: Just Getting Started

Benjamin Z. PickensPosted
  • Woodsfield, OH
  • Posts 37
  • Votes 4

I'm the bread winner in my household. My wife stays home with our 2 kids and is unable to work. The is no reliable or affordable child care in our area. I'm hoping through real estate I can create enough passive income to be able to drop down to 1 or 0 jobs. I'm sending you a connection request now. Thanks 

Post: Just Getting Started

Benjamin Z. PickensPosted
  • Woodsfield, OH
  • Posts 37
  • Votes 4

I want financial freedom. I'm currently working 3 jobs and getting no where quick. I'm leaning toward going with a buy and hold strategy. Holding for short term creating cash flow with rentals then using equity to fund future investments (I think that's how it works). I honestly wish I would have stumbled across BP 6 months ago before purchasing my primary residence. Its all part of the journey and I'm learning as I go. Glad to meet you. 

Post: Just Getting Started

Benjamin Z. PickensPosted
  • Woodsfield, OH
  • Posts 37
  • Votes 4

Hey, everyone. I just registered a couple of weeks ago. I'm working towards a goal of getting that first deal. Excited to be here and learn as much as possible. I'm located in the Marietta OH area.