All Forum Posts by: Charles Nyasha

@Patrick McCandless

Thanks for reaching out I have inboxed you.

@Charles Sullivan 

Thank you for reaching out , I have in boxed you!

Hi BP gurus,

I am still a newbie and feel I am at a stage now where I now have to put all the materials I have studied into action or I fear I will be succumb to analysis paralysis:) After some more research into the real estate business , I think I would first like to start on the wholesale side and then once I have raised enough capital foray into the buy and hold Section 8 homes.

I am looking for a mentor in the Phoenix area and am willing to work for free while I learn the ropes.

I am also looking at gathering information on the Phoenix market and connecting with any investors/wholesalers in the area  and forming relationships.   

I hope someday to be able to give back to someone else everything I learn along the way .

Looking forward to hearing from you.

Make it an awesome day!

Jessica, I am a newbie here and looking into the wholesale side of HUD. Have had you any success since your last post and do you have any lessons learned you can share.

Hi Community,

I am a newbie here and am getting ready to embark on my real estate investing journey.I live in Phoenix,(East Valley) and have been reading and following some of the forums in the last two weeks and am learning new things everyday.

I am planning on focusing on investing in Omaha,NE looking at properties under 40K and am looking for a mentor or help in making sure I am getting good deals.

I have reached out to my investors in Omaha and have found some deals.

1There is  property  being sold for $29500, is turn key and already has a renter in it paying $610/ a month- comps running around 35k

Also have another offer for $33750 turnkey with a tenant paying $708 - comps running around 54K

1st Question is how do i determine what's a better deal?

2nd question My situation,

I have a score under 700 and already have a primary residence but was not able to pull equity out due to the fact that I had more than 45% debt to income ratio.

My question for you is what can someone in my situation do in terms of financing my first deal in my situation.

Any advice would be appreciated.