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All Forum Posts by: Justin Lee

Justin Lee has started 12 posts and replied 48 times.

Post: Starting out and need advice!!

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

Or i can find a partner to fund the rest right? Even though i don't have any deals in my portfolio, but I feel like i can convince someone

Post: Starting out and need advice!!

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

Hi everyone, so this summer I am finally ready to take action in flipping houses. I've been back and forth with starting and now after listening to podcasts, i am ready. I currently live in Austin, TX and will be moving back home to Philadelphia. I will only have about $10,000 saved up by then. I want to ask you guys the route that you would take to get my first deal. I don'r have great credit or income so I was hoping to find a mentor/partner to help me get started and learn the business. But are there any other options i have for only $10,000?

Post: Austin TX market??

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

@lindaosborn

Hi Linda! yes I am moving next month. Are the prices of the homes affecting sales in anyway? Do you think Austin is in a bubble? Also, where do you own multi-units? From what I read, Austin has more community or village type of rentals. I would like to own duplexes or triplexes

Post: Austin TX market??

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

hi everyone! I'm currently taking online classes to be a real estate agent in Austin TX and wanted to see if there are anybody on here that can give me a bit of an update on the market. From what I read, Texas in general had a lot of growth the past 5 years.

1. How is the selling market?

2. How about rentals? Single family or multi-units better?

3. What regions are the hottest?

Thanks everyone!

Post: Austin TX market??

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

hi everyone! I'm currently taking online classes to be a real estate agent in Austin TX and wanted to see if there are anybody on here that can give me a bit of an update on the market. From what I read, Texas in general had a lot of growth the past 5 years.

1. How is the selling market?

2. How about rentals? Single family or multi-units better?

3. What regions are the hottest?

Thanks everyone!

Post: Austin TX market??

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

hi everyone! I'm currently taking online classes to be a real estate agent in Austin TX and wanted to see if there are anybody on here that can give me a bit of an update on the market. From what I read, Texas in general had a lot of growth the past 5 years. 

1. How is the selling market? 

2. How about rentals? Single family or multi-units better?

3. What regions are the hottest?

Thanks everyone!

Post: 22 Years Old with 20 Units in 10 Months!

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

@Joel Florek

Hey Joel congrats man. I just want to how much you put down for the 4 unit apartment and was it an FHA loan?8

Post: 22 Years Old with 20 Units in 10 Months!

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

Wow congrats man. I was wondering, for the 4 unit property, did you do an FHA loan? And how much did you put down?

Post: Buying a house with no money down??

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

@alexanderfelice i was thinking if i bought the house, i can get a much lower mortgage payment and help my parent's pay for it.

Post: Buying a house with no money down??

Justin LeePosted
  • Philadelphia, PA
  • Posts 49
  • Votes 4

Hi everyone, my parent's house is about to go into foreclosure because they have trouble making payments, now i want to help them somehow that would benefit the both of us. What are my chances and are their loans out there that would allow me to purchase my parent's house with very little down payment or even no down payment?

This way, my parent's can keep the house ajd i could start my investing career in a year by refinancing the loan. I appreciate the time!