All Forum Posts by: Nat Seangsumat

@ Brent Paul , I have been learning and learning I'm not going to stop though cause the accumulation knowledge is never ending but I just don't understand how just buying a property , putting down payments , finaceing 

I have been reading many posts and forums on bigger pockets , reading multiple investing books , real estate books and listening to real estate audibles and pod casts , 

But I still feel stuck , I still don't know where to begin , and I'm still a little cloudy on how buying property works 

I'm a young and trying to persue a career in real estate but an having trouble understanding how it all works

Hope someone can help thanks

@Frank R.

20% down on your properties, but did you pay of the rest of the mortgage yourself or did you rent it to tenants?

I'm new to how real estate works but I'm learning allot on these forums?

@joe fairless but how do I buy my first real estate property ?

How did you do it ?

Hey its kenni , I was looking around my neiborhood and found a house being foreclosed. The house was in alright condition and could easy be renovated by me and my team. I looked up the address on line and found the house and it was selling for under 20k. Then and there I thought that if I subtracted how much I would spend to fix the house the house was affordable. Before I got talking to some broker . Would this house be a wise investment? 

And could I get a "no money down" loan on a house like this?

I'm a young investor a year out of high school and have had a steady job for a year. I'm currently living in my own apartment with a roommate I rented a room to. I want to buy this house as a investment property i plan to rent out as i did my extra aparment room . (this is my first investment) 

Please advise!!!

Thanks Joshua , I am already living in my own apartment (Paid off ) that's why only now I have been able to save since paying off .How do look at this , My plan was to buy a single family house ( a duplex is even better!) And have tenants live in and pay of the mortgage and once pay off I predicted that it would create a substantial cash flow after

around 10k right not but what could I get with that and a loan?

A single family home?

Just asking it's good to learn as much as I can

I have been currently working full time at my current job for about a year now. I have been saving about 50% of my monthly paycheck through out thos year of employment. I would like some advice or your own personal experiences on buying my first rental home with low or no % down at all. 

Thanks

Ken

@ james wise , wow thanks great advice that's exactly what I was trying to find out!

how does one obtain a real estate license?

And I'm just asking what are good investments my savings can go towards Big or small that can help build my assests and create future cash flow