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All Forum Posts by: C Loston

C Loston has started 2 posts and replied 14 times.

Post: Newbie from Philadelphia

C LostonPosted
  • Posts 14
  • Votes 3

@Anthoney Hanks THANK YOU! I am excited and ready to being investing! I started listening to the podcasts.  Its a pleasure to meet you as well. Maybe one day we will do a deal together! :)

Post: Newbie from Philadelphia

C LostonPosted
  • Posts 14
  • Votes 3

@Kase Knochenhauer thank you!! I plan to look at articles daily, listen to podcasts, and I want to attend a meetup, my current plan is: (let me know if you think this is wise) paying off ALL DEBT, saving, and ready to invest. What do you think about the BRRRR model? Im thinking about refinancing my home. Thanks for tips!! Im excited to start!!

Post: Newbie from Philadelphia

C LostonPosted
  • Posts 14
  • Votes 3

Hi, I am a new real estate investor right outside of Philadelphia! I am excited to learn as much as I can from BP and create a strong real estate empire!

I joined specifically to learn about financing deals, analyzing real estate markets, and creating a real estate business.

I am an aspiring real estate investor/RN.  I created a plan that I am actively working on, pay off all debt, save, LEARN,LEARN LEARN.

But I want to know how do i go about getting, and completing my first deal? With the BRRRR strategy I am at the 1st 2 steps. I own a home that I bought for $165,000 now appraised at $215,000 . I owe 150,000 on the home and have owned it for 4 years. Id like to buy multi-unit properties, but I just want to know where do i begin to get financing for a deal? Should I refinance my home, and use the savings that I accrue to put down the 20%?

 Thank you for ANY help/advice that BP can give me!