All Forum Posts by: Bruno Greig

@ Larry, thank you for some additional ideas.

@ Jim, I am assuming you have to have an entity (LLC, Inc.) established in order to apply for a business loan? I want to start small (townhouse or 3/2 SFR) and as I gain experience, dive into the multi-family realm.

@Bill, not claiming to be a real estate expert and hence my post in the getting started section of the forums. We all have to start somewhere and I am just trying to make rubber meet the road. As you suggest, there are many different ways to skin a cat. Books and training can only take you so far, agree, which is why it is time to jump in and get feet wet. I like your suggestion and appreciate your feedback.

Thanks,

Bruno

Adam,

Yes, I am looking at buy and hold. Thank you for the heads up on HOA dues and appreciate your feedback!

Bruno

@Jim King I totally agree! Don't want to sit on the sidelines anymore. Appreciate the feedback from all.

Bruno

BP community, I need some advice. I want to get started with real estate investing, specifically with townhouses within my county (St. Johns, Florida). I have a strong desire to start and have studied countless books, attended webinars, and listened to podcast after podcast. Problem is, not having 20% down for a conventional loan and the amount of time it would take to save up for that kind of money. My credit rating is excellent (low 800's) but no real money to invest. I have an excellent job with long term stability and I have about 40K of equity in my home. Are there any options (such as refi to pull some cash out or HELOC) in order to break the ice and get started in real estate investing?

Thank you,

Bruno

Does anyone know of any tools/websites that can help one to understand the macro economics of a real estate market? Thanks

Does anyone have any recommendations for a good tax advisor that understands SD IRA's (in the Jacksonville, Fl area)? I just set up an SD LLC and want to make sure all my ducks are in a row. Thanks Bruno

Thanks Chris!

I am thinking about setting up a SDIRA with a company called the IRA Financial Group (http://www.irafinancialgroup.com) . Has anyone ever dealt with them before? I have a modest some of money sitting in various IRA's and I would like to use that money to invest in real estate and/or notes. Any insight appreciated!

Welcome Melissa. You have joined one fantastic site! I moved to Jacksonville from Italy last year and I am getting started as well. Best of luck!

Ciao,
Bruno