All Forum Posts by: Account Closed

Thanks to you both. That makes sense.

I am stuck. Im in Atlanta and cannot choose which area to buy and hold in. Does anyone have a particular method they use to find which area to invest in? Please please help

Thanks @Jeremy Pace ! I understand. Now what are the options for someone with no/low equity?

No equity? Negative equity in wholesaling? I need help please. This one stumps me. Especially no equity. Can someone explain the important and or role equity and the sellers loan amount plays in this situation?

@Ron Garner great advice! I too am a beginner wholesaler. Sad to say that I have heard this a lot of times. I intend to be one of the good guys. 

Hi Everyone! I am new to REI and I am from Atlanta born and raised. My background is in Psychology and I am passionate about my Atlanta community. I know a lot about the neighborhoods that most don't because it is my backyard. I am looking for a mentor. I have 6 months plans to wholesale to build up reserves and by Dec 2016 I would buy my first duplex, triplex, or 4 plex to live in one of the units. Eventually I will move out. My end goal have a multifamily and commercial buildings. My capitol is minimum (enough for direct mail, bandit signs, flyers, business cards and meet up groups) and am looking into marketing quite a bit for the long haul. However, I KNOW I need a mentor. I could help out painting, running errands, etc to get some guidance. I would like someone to partner with. Does anyone know anyone in the Atlanta area who would like a coffee meeting?

@jbeard oh I understand. Paying down your mortgage increases your equity. Which you can, if you qualify, take out an HELOC and put down on another mortgage.

Welcome! Nice to meet a fellow Georgian!

Hi every body this may seem like a typical newbie question. But what does it mean to buy property to acquire debt and to invest your money instead of paying down the mortgage into another property? Can someone explain to me exactly what that means? I sort of understand it but need a little more help.

This sounds good. I was looking for a website and was searching in all the wrong places. I was looking for non real estate investors to make my website. I am glad that I found this thread.