All Forum Posts by: Junior Nguimi

During this pandemic I have lost my job. I have tried everything and everywhere but I didn’t get anything. I tried many tips and advices to apply for loans but still I need a proof of income/job which is understandable. Is there any possible ways to get approved for a loan if you show that you are making money or are self employed without waiting for your second year of tax return.

Here is my biggest concern. Please assist me. I am planning on getting my first property but I do not have any money in general. I save cash but I see that $100 a week will take me to around 5000 a year. Which is really low. Even if I save for two years. It is still low. Cause my credit isn’t even on 600. Real estate Investment is something that I am in love with. I’m trying to be as creative as I can but that is my concern. As I am doing the math, even with a minimum cash flow of 300 by investments will not evolve as it should.

What is it that I should ?

Where should I get the money to start?

How do I pay it back knowing that I also have a mortgage to pay?

...

If there is any other questions that I should ask myself please post so that I can take them to consideration.

I am having a credit issue but I was wondering on how long I should wait to get my first property because my credit will not get on 700 any time soon. How much would you recommend me to get my first property?

@Jerson D. That’s great. I will try it out

Hey, I wanna to know, Let’s say you get a rent money for the month, how do you split the money between utilities, mortgage,...

Is there an app or software that help you split your budget and send money in those specific characteristics(gas, water,mortgage,miscellaneous,...)

How do you manage that money of small of details if you have 100 properties?

@Junior Nguimi Thank you for the help. Also, I would Like to ask. I am younger than 25. I learned about credit score not so long ago so it isn’t the best. What can help me in order to get a house that won’t be too much of a hassle when it comes to my mortgage?

I’m working on getting my first property in months from now. I would like to get some tips from pros in what I should consider before signing the contract. Please help 💯