All Forum Posts by: Dana Montfleury

Hey guys I need some advice, I am very new to this stuff and have been researching ... my uncle who is my mentor has been really occupied lately and can't help at the moment so here it goes: I am wanting to purchase my first home 3 bed 1 bath but I don't know what I should do, I started viewing houses but they seem in very bad shape I'm talking: moldy smell inside the house, not attached to a sewer, roof and flooring are uneven ,way crooked walls and so much more... so much so that neighbors are coming out to tell us not to buy. I just want to start with my first home, live in one room and rent out the rest to roomies, or live at home with my parents and still rent out to a family. I live in a college area so I know that won't be an issue. my credit score is 635 and i'm planning on getting a secured credit card to build it up and add diversity to it. but other than that i don't know what else to do I heard about fha loans but what do i need to qualify with $3500 down what will I qualify for, I have $36,000 in school loans that i'll start paying for in two years when i graduate ... what should i do to get a loan, I went to my credit union and they want my score higher..are there other loans out there who would qualify me... I looked at home owner financing on google but there are barely any in utah county. thanks

I did set up a keyword alert but so far I haven't seen any results, but i'll definitely check out the podcast thanks Brandon

thank you for all the reply I called my uncle and mentionned homepath but he didn't seem to know much about it but he did say he'll notify me if a promising listing come to him, but it all looks sooo interesting ... I've tried Moutain of America Credit Union as a lender but i did not meet their qualifications as far as credit and income, I'll ask my uncle for sure to see which lender he goes through because i want to start asap. and Cameron the area i'm in is Utah county.As far as what i'm interested in Josh you are right i really don't know what i want so i need to start exploring to see what my focus will be.

thank you all I'm looking forward to do more research on real estate using BP :-)

Hello my name is Dana and i'm new, i am a student who is wanting to start investing, i live in the state of Utah and have no clue how the market works.. I have some savings and a uncle who is an investor who gave me some advice about real-estate but other than that i'm clueless, I live at home with my parents and I don't want to rent an apartment as i feel like i'll be throwing money away. I want to purchase a small home that is a duplex or with a mother in law basement. I'm even open to purchase a house that i can flip around and sell someday toward another investment. I'm very motivated and will be open to advice given... thank you so much for having me :-)