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All Forum Posts by: Dustin Rabon

Dustin Rabon has started 1 posts and replied 8 times.

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2
Quote from @Steve Brown:

Birmingham caught my eye.  I used to work for US Steel at the Oak Grove Coal Mine and Concord Prep Plant.  My former wife and I lived outside of Alabaster.  Having been born and raised out West in Nevada, I fell in love with Alabama and Southern BBQ.


 Very cool! The BBQ is definitely some of the best around. 

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2
Quote from @Lindsay Davis:

@Dustin Rabon,

Congrats on getting started with your first deal—that’s really exciting stuff!

I see that you’ve listed Birmingham as your location. I’ve had a good amount of success doing buy-and-holds in the Magic City for about 15 years. Happy to share what I know if you have any specific questions!


 Thanks, just messaged you!

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2
Quote from @Chris Schmidt-Loffler:

Congrats on the rehab, Dustin! 


 Thanks!

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2
Quote from @Julio Gonzalez:

Great to have you here, Dustin! Love that you're already thinking ahead to the next deal!"

-Julio


 Thank you!

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2
Quote from @Mike Klarman:

Dustin, Welcome.  I have a client who BRRRRs 2 - 4 units in and around Montgomery.  The rents are comparatively high compared to the loan amounts.  He has a duplex that grosses him 800/month that I just refinanced for him a few months ago.

Lots of great people and information here.  


Thanks for the welcome! That’s awesome to hear about your client’s success in Montgomery. I’m actually about an hour from Montgomery myself, so it’s definitely on my radar. Right now, I’m investing in Birmingham, but I’m thinking about exploring Montgomery soon too, especially for 2-4 unit properties like your client’s. Do you have any tips or contacts for either area that might help with those kinds of deals? 

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2
Quote from @Christopher Ray:
Quote from @Dustin Rabon:

Hi everyone, I'm Dustin Rabon and my wife and I began our real estate journey in November, 2024. We bought our first buy and hold property in the Birmingham, AL area using the BRRRR method. The only thing left to do is to refinance and repeat! We went conventional for this property, so there is a 6 month seasoning period until we can refinance, but I'm not waiting until then to find our next property lol.

We are currently in the process of finding a fix/flip or our next buy and hold, whichever comes first. We plan to use hard money or a private lender for the next one so that we can sell a flip or refinance sooner. 

My goal is to continue this process until we reach financial freedom. I'm glad to be here to network and learn as much as I can, and eventually be a professional providing advice to new investors. 


 Congrats on the successful rehab. Let me know if you need any local help in the Birmingham area. 


Thanks! I really appreciate that. I’d definitely be open to some local help in Birmingham—any recommendations for reliable contractors, property managers, or other resources you’ve worked with? Always good to connect with folks who know the area well.

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2
Quote from @Chris Seveney:
Quote from @Dustin Rabon:

Hi everyone, I'm Dustin Rabon and my wife and I began our real estate journey in November, 2024. We bought our first buy and hold property in the Birmingham, AL area using the BRRRR method. The only thing left to do is to refinance and repeat! We went conventional for this property, so there is a 6 month seasoning period until we can refinance, but I'm not waiting until then to find our next property lol.

We are currently in the process of finding a fix/flip or our next buy and hold, whichever comes first. We plan to use hard money or a private lender for the next one so that we can sell a flip or refinance sooner. 

My goal is to continue this process until we reach financial freedom. I'm glad to be here to network and learn as much as I can, and eventually be a professional providing advice to new investors. 


Congratulations on the first one. I recommend getting a DSCR loan possibly on the refinance and working with a lender that can do a fix and flip loan into a DSCR on the next one. We just did that for someone and it was a lot less painful since you work with the same person.


keep up the good work 


Hi Chris, thanks for the advice! You mentioned working with someone recently for a fix/flip and DSCR loan, can you send me some info?

Thanks!

Post: Starting My Real Estate Journey

Dustin RabonPosted
  • Investor
  • Opelika, AL
  • Posts 8
  • Votes 2

Hi everyone, I'm Dustin Rabon and my wife and I began our real estate journey in November, 2024. We bought our first buy and hold property in the Birmingham, AL area using the BRRRR method. The only thing left to do is to refinance and repeat! We went conventional for this property, so there is a 6 month seasoning period until we can refinance, but I'm not waiting until then to find our next property lol.

We are currently in the process of finding a fix/flip or our next buy and hold, whichever comes first. We plan to use hard money or a private lender for the next one so that we can sell a flip or refinance sooner. 

My goal is to continue this process until we reach financial freedom. I'm glad to be here to network and learn as much as I can, and eventually be a professional providing advice to new investors.