All Forum Posts by: Isaac Salcedo

@Antonio Cucciniello Exactly I need to start now ! I don’t want to wait for the perfect deal or time. Since you’ve started a deal with family, do you think it’s hard to keep doing business with family or friends the bigger the deals are ? Always heard it gets messy but I like to think its in your control 

@Aaron W. you’re right about the deal speaking for itself. It just takes a well-known investor to know what a deal is. When it comes to sellers objections what’s one thing that you’ve learned ? 

I am 23yrs old trying to get my first deal. My first idea was to get a FHA loan 203k with 3.5% down on a 2 to 4 unit property in California. My second idea is seller financing (subject to or land contract).
Came to those ideas because of my finical situation. Rn I have about 20K saved and want to get a property or 2 before 2021 ends. My concerns for the FHA loan is not being approved bc of low income and having to wait 1-2yrs  for steady tax returns to prove income. 
I like seller financing bc I get to jump ahead and get a deal faster than doing a loan thru a lender or bank. Both of these ideas I know need more than 20k to get it done effectively. 
Right now in process of building my team but i would love some feedback from anyone who can help.