All Forum Posts by: Lee Haskins

Welcome to BP. There is an abundance of information on the forums and great people to connect with. I have met with some good people through the site and gained a lot of knowledge.

Good luck!

I recently had a HELOC set up, on primary residence. Just purchased my 1st investment property with the HELOC, plus repairs and will put a mortgage on the property at the earliest chance.

My plan is to repay the HELOC and repeat the process.

I got this!

sounds good. See everyone there!

Brian,

I am new as well to this and have attended a few of these so far. There are a lot of great people that I have met and everyone so far loves talking about real estate, as do I.

It may take a few times going and getting out of your comfort zone but once you go to a few, it's a lot easier opening up. I didn't really have any conversations the first few times, just sat back and listened.

Come on out to some of them and observe the conversations.

I plan on being there

Great words of advice! Just what I needed to read this morning. I am not stuck on analysis paralysis as much as I am stuck on financial paralysis. I have enough cash to fund my portion but finding a trustworthy money source has been my hold up.

Way to dive in head first. I love your business name. Like you, I also thought of "Red Door" as part of business name and quickly found the same results. You have found some creativity in all aspects of your project. Great Job!

Thank you for the replies and the up votes. I look forward to exchanging ideas and having good conversations with like minded people.

Hello everyone and thank you for taking the time to read.

I will begin with my picture being upside down, although an accident, it seems fitting at the moment. I am not necessarily upside down completely but there are portions of real estate investing where the picture is fitting, in particular, regarding the beginning stages of financing. I have always felt like REI is the proper avenue for my future mainly due to the financial independence and the ability to provide for my family without working "for the man". I have browsed and read many different articles and forums on the web for the past few years but have never took the steps to act. I am focused on taking action to dive into this head first and do everything possible to be successful.

Action Steps Taken :

• Bought J Scott's books (awaiting delivery)
• Talked to local bank about financing options, traditional and HELOC
• created a meetup account and added a few groups

I am hoping to jump into the flipping side of real estate but will not limit myself to that alone. I feel flipping houses would be the easiest entrance for me in the sense that I would have trusted people in my family to seek advice from pertaining to rehab cost of different trades required to complete a project. I have spent a little more time researching wholesaling, and from my perspective, it seems that the hardest objective for this route would be the dedication to finding the good deals with the constant rejections and/or no responses from marketing. I may be wrong but like I said, I have only recently started really looking into wholesaling.

With that said, I look forward to digging into all the information I can and posting my first results soon. 

Thank you for reading and good luck to you all going through your adventure.

Jerry Haskins