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All Forum Posts by: Curtis White

Curtis White has started 4 posts and replied 10 times.

Post: How to get started in real estate investment

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6
Originally posted by @Patrick Perez:

Hey Curtis, thank you sharing your "Why" for getting into passive income; your journey has not been an easy one. Thank you for being open and sharing all that. A few questions to throw your way:

1) Have you applied for a mortgage yet? Approved or?

2) Have you owned a home before? Was it through an FHA loan ( 3.5 % down for first time home owners)?

When I bought my first place I was a broke college grad and scraped together some funds for a 2/2 condo. I rented out one room full-time and airbnb'd the other. If you were are to qualify and purchase a duplex that would be ideal since I am not sure how you feel with having strangers rent out a room in your home since you have a daughter. You could look into renting out a room in your home to traveling nurses since they have shorter term assignments and pay a bit more for fully-furnished housing.

Are you planning to stay in TN? Having family and community could be as much of an asset as a passive income stream.

Congrats on starting your journey :)

While in the process of get divorced my credit took a hit I am in the midst of repairing it and have spoken to a mortgage broker who just continue doing what I am and I would be able to get approved in a few months. I have never owned a home. 

Post: How to get started in real estate investment

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

Hello BP Nation so here's my story. I came from a very poor background but through hard work and dedication I was able to work my way above the poverty line working I'm resturant and retail management. I met a wonderful woman got married had a child and as far as I was concerned I had the perfect little life. Fast forward 15 years it all came crashing down my wife and I split up and in the middle of our nasty divorce she suddenly passed away and in an instant I was a single father. After rearranging my life to take care of my daughter lowering my expenses stepping down at work taking 20,000 pay cut but we do what we have to as parents. My problem now is I live in a state where I have little friends and no family and the fact that my daughter spends so much time with a babysitter is killing me. So the quest for passive income was born I need about $2500 a month in order to quit my job and have more time with my baby I can scrape up about 30,000-40,000 in capital but I don't know where I go from here any insight would be greatly appreciated and thank you in advance 

Post: looking to network in ATL

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

@Joseph Taylor I'm about 2 hours north of Atlanta

Post: Closed on my first property last week!

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

@Justin Wotring congratulations

Post: Buying section 8 housing

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

I've Been working hard to close my first real estate deal and have been contacted by a wholesaler about a possible section 8 property. I know nothing about low income housing or section 8 any insight on the qualification or concerns with section 8 would be greatly appreciated. 

Thank you in advance!

Post: finally trying to take my first step in real estate investment

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

@Frank it's not four deals it's one deal for four houses but at minimal price they all need a lot work and I'm definitely doing my due diligence 

Post: finally trying to take my first step in real estate investment

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

Yes cedartown Georgia

Post: finally trying to take my first step in real estate investment

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

I've had analysis paralysis for a long time now, today I finally took the first step in the right direction. I'm currently negotiating a deal for four single family homes in a small town in Georgia with a wholesaler. I still don't know how I'm going to fund this deal I've got about half the purchase price in cash but I still need to worry about the other half and rehab cost, but I've heard so many times find a good deal and it will come together. I'm scared, nervous, and excited all at the same time. But I'm proud I finally decided to do something. I've got an agent helping me with ARV and a contractor providing repair cost. It's finally time to start making things happen!

Post: New to real estate investment.

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

I meant interested sorry I have no real estate experience. I'm looking to BRRRR

Post: New to real estate investment.

Curtis WhitePosted
  • Chattanooga, TN
  • Posts 10
  • Votes 6

Hello all at BP. I was widowed earlier this you and had my whole life turned upside down in and instant now that I'm a single father I want nothing more than to get out of the rat race of my 9-5 in order to have more time with my daughter in these younger years (she's 9). I've been in real estate for a long time now but never had the courage to jump in. I found bigger pockets about 6 months ago and have been binge listening to the podcast since. I have access to about $30,000 but don't have the best personal credit. I'm in the Chattanooga T.N. area and was wondering if and how I can get started with this amount of capital. Any advice or insight is welcome and thank you in advance.