All Forum Posts by: Wayne Felton

I'm still relatively new to Real Estate Investing but My goal/plan is to buy and rent/hold properties using very little of my own money down. Would finding buy and hold programs (private lenders) be my best route? Do these type loans exist or are they just a little harder to come across? Feedback Appreciated. Thanks.

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So from there do I just need to email/fax it to the seller get a signature and move from there? When would I need to get a title company involved?

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I've came across a motivated seller out of state. We've agreed on a price already. My question to you all is what are the next steps I'll need to take? Getting the property under contract? If so, what type would I need? I look forward to your responses. Thanks!

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Originally posted by @Anson Young:

TLO is what I prefer, it can be a pain in the butt to get setup... but at $1 each with no minimum order per month, it is my favorite option.

Thanks Anson!

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I'm having a hard time locating the owners current address to the distressed properties I'm finding. Would using a company that specializes in skip tracing help me find a solution to my problem? If so which company would you recommend?

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Originally posted by @Brandon Turner:

Hey @Wayne Felton welcome to BiggerPockets! You've definitely come to the right place to learn more about investing. If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast. They are both great at learning the fundamentals.

Oh - and here are my favorite articles on Wholesaling:

Oh - and don't forget to set up your Keyword Alerts!

See you around the site!

I will definitely check out those articles. Thanks Brandon.

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Originally posted by @Elizabeth Colegrove:

Welcome to Biggerpockets!

You found the place to be! You will find no better place to build a solid platform than bigger pockets. The one thing we all agree up on is that we invest in real estate. Beyond that everyone is different. We are buy and holds who got started at 23 with a great W2 and no downpayment.

The key is not get stuck on analysis paralysis! We have found slow and steady has made us very successful. Babysteps are key and before you know it your dreams are bing achieved.

I highly recommend you also check out- the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. As many of us have created resources around our niche (websites, blogs, etc) so checking out the signature is a great to get more information. Make sure you don't miss out on networking is by filling out your signature, profile and pming people with questions.

Look forward to seeing you around!

Thanks for the heads up Elizabeth.

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Originally posted by @William Byers:

@Wayne Felton Welcome to the Jacksonville FL investing community. There is a Meetup scheduled for January. Good group to network with.

http://www.meetup.com/JAX-REIM/events/219197768/

I'll be there. Thanks William.

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Originally posted by @Jon Huber:

@Wayne Felton

Welcome to the community! BP has a tremendous amount of information to help you, but it is only available if you seek it out. Be sure to be as active and engaging as possible. Read blogs, post questions, and the podcasts are gold! The best free education you can get. Good luck!

Will do. Thanks Jon!

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Originally posted by @Craig Barnthouse:

@Wayne Felton,

I am an active rehabber/flipper here in Jacksonville. Welcome and best of luck to you.

Good to know. Hopefully we can meet soon. Thanks Craig.

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All Forum Posts by: Wayne Felton

Wayne Felton has started 5 posts and replied 17 times.

Post: Buying and Holding

Post: Wholesaler Contract

Post: Wholesaler Contract

Post: Skip Tracing

Post: Skip Tracing

Post: New Member from Jacksonville, Florida !!!

Post: New Member from Jacksonville, Florida !!!

Post: New Member from Jacksonville, Florida !!!

Post: New Member from Jacksonville, Florida !!!

Post: New Member from Jacksonville, Florida !!!