All Forum Posts by: Cheri Schaffer

Wow, thanks for all the replies!  I didn't get a notification of any of them.  I was starting to think my little post might have been overlooked.  lol 

Anyways, to answer  your question, @Cory Calvin, the main reason I have bad credit is because of my medical bills, which I know doesn't make or break a deal.  The other reason is because of credit cards, currently.  My husband lost his job, so we had to use them until one of us found another one.  Luckily enough he did find one and we should be able to pay them off fairly quickly.  My credit should go back to about a 620 after, and I'll be trying to get it over that as well.  

This is all really great advice!!  I'll be taking some notes!  

Hey guys!  

So I did my intro post about a week or so ago, I believe, and I had a great warm welcoming!  Thanks guys.  I can't wait to grow and learn from everyone!

Right now I'm wracking my brain at my possibilities, what steps I should take, and a good time line for myself.   Right now I have no money, bad credit, and am currently in a rental myself.  I have to resign my lease in August for another 6 month agreement.  

What I'm thinking is I sign the lease and use the 6 months to save money and repair my credit the best I can.  I may have to get another part time job until then, but I think it could work.  

When the 6 months is up I start looking into investment properties.  Hopefully a 4-plex in the near by neighborhood of Putnam, Ct.  It's close to my family that lives in New England, the community is great and very involved, and has a great central location to other shopping other than just the town itself.  

I was hoping that I would be out of here before August, but I'm not so sure that's realistic at this point.  I guess I'm just eager to get out on my own and start my investments!  

Anyways, what I'm looking for is any type of advice, whether it be towards my current plan or maybe something that might be a bit different. What options I should be looking at, other than just an FHA loan. What other things I might need to do to prepare for it all. I'm already learning a bunch from the forums!

Thanks!  :)

Cheri

@Sean Becker

 Hey, welcome fellow newbie!  :)   

Good luck in your endeavors.  :D

@Meghan Reed

 Thank you!  I'm so excited to start learning.  It's so crazy, because I love photography, and it's a passion of mine, but I've also always loved Real Estate.. I never could figure out how to intermingle the two without becoming a Real Estate photographer.  I think this makes more sense. 

I'm already itching to get my first place, and I'm listening to the second video webinar from the foundation toolkit.  It's definitely pumping me up. haha

@Athena Flint

  I'm a newbie too.  I'm sure with all the resources here we'll both be very successful!  Way to step up to the plate, too!  You're a trooper. :)

Thanks so much for the support, everyone!  I'll be actively reading the forums for information. haha  

@Mark Nolan I do like the social media connection that BP has to offer.  I might make this more my go-to than Facebook.  ;)

Hey guys!  

I'm so excited to make new buddies, and get into real estate.  I still have some things to square away before I can even look into homes right now (like improving my credit score) but I'm very hopeful and optimistic.  I figure learning is going to be the best tool for me right now while I wait.  

Other than that, I lead a fairly simple and boring life.  I'm a photographer, wife, and mother.  

Thanks for taking the time! 

Cheri