All Forum Posts by: Brian Wilson

Any tips on investing in real estate that is an hour drive away?

What are the cons of buying an investment property that is move in ready and needs no renovations or anything?

Hey so I came across a property that was selling for about $390,000. I want to do seller financing but I honestly don't have any idea of how long I would do it or if and when there would be a balloon payment. Can anyone give me an idea of how long people do a seller financing term for? And what would be too long of a term and what would be too short? 

I am a 19 year old who lives in Columbus, Ohio. I have my own landscaping company and have accumulated some money that I want to invest somewhere and make it grow. I would like to buy a multi-family property with an FHA loan and rent out the other side and live for free. I have not yet made my business an LLC so for the last 5 years everything I have been paid was "under the table." With that being said, I have no work history technically. Therefore, I cannot qualify for a loan. No one will co-sign with me since it will be my first investment property and I'm still learning. I've watched hundreds of YouTube's and podcasts and just read "Rich Dad Poor Dad" and "Rental Property Investing." I continue to do more research every day. I feel I have a good understanding of the rental property game and the money to get into it but no way to get a loan. Any suggestions?