All Forum Posts by: Geremy Hebert

So i have gotten a bit of a pre-approval from CapitalOne Home Loans but it's for $26000 @ 3.125% 15yrs. So I know if i found a property at that level they will fund me. My question to the community are manifold but to stay concise:

Is there anyone that started at a similar level? If so how'd it turn out?

What would you do if you were back at the beginning, with a dream goal, a way to move forward, and barely the wits to stop your kneejerk impulses?

NB:im a contractors foreman with an extremely healthy Home Depot line of credit and just about all the knowledge and experience to turn a rehab into something nice.

I wont make any rash decisions, its just that now i know i can get into the game im wondering what my next moves should be.

So im searching auction.com and some basic logic tells me i want a residence thats immediately habitable. So i put in the filter "occupied", and up pops amazing deals within a beginners financial threshold. Then it hits me, why would a revenue producing property be put up for auction? Just very poor PM? Cost prohibitive repairs found? Seized assets? These smack of the old saying too good to be true...already rented, dirt cheap, decent location. What am i missing in my analysis that i should be wary off?

Thanks in advance.

Hello,

I'm Geremy Hebert and I'm taking this serious. How to make such a long story quick and easy to read? Recently I've noticed my body is beginning to show signs of wear and it is my hope I can utilize my home improvement skillset in a new fashion, real estate. It can provide residual income long term and I derive great satisfaction reviewing any of my finished projects, so I wonder how good I can become in this? I live on 40acres and love renovating this old cabin in my spare time. I'm in a very unique crossroads in life with unlimited potential and need only apply myself. Everyday is a new adventure I embrace wholeheartedly. Think I'll start with a realtor license from Champion, any advice from here out is appreciated. 

Thanks.

Sincerely,

Geremy