All Forum Posts by: Kim Wagner

Hi Wayne - Just wanted to let you know I really appreciate you putting yourself out there about being new to investing and being an introvert.  I have a feeling there are a lot of us in the same boat!  I'm currently looking to build a team as well, but in Kansas City.  I posted yesterday about obtaining financing for a property I have the potential to put under contract and have received two private messages, but no posted messages :(      Glad you received many responses and I wish the best of luck!

I'm a first time investor who's been fortunate enough to have found a great off-market rental property to purchase in KC.  I'm concerned though about obtaining financing for the purchase. Any advice, info or referrals to great lenders to further discuss would be greatly appreciated.  The purchase price is $85K.  I have excellent credit, but am self-employed and only have $10K in cash.  I own my home with my husband and it has significant equity, but using that is not currently an option.  Thanks in advance for your time.

Hi All - I am a newbie, so would appreciate any help folks could give me on a potential deal for a flip.  I wasn't planning on purchasing anything yet, but then happened to find this opportunity. I think I probably don't have my ducks in a row enough to proceed with this, but would like feedback.  

There is a house for sale in my neighborhood that appears to mostly need cosmetic upgrades (no inspection done yet) - i.e. new kitchen/baths/paint, etc.  No major demo or reconfiguration of the floor plan needed.  It's for sale at $255 psf.  Updated homes in this area sell for around $400 psf.  The style is mid-century modern, which is very popular here.  The bonus is that it has an Airbnb license and setup in the basement.

The real issue is that while I have excellent credit, I have minimal funds for a down payment (about 5%).  Would there even be a way to get funding for a deal like this?  

I don't have more details than this yet.  Any advice or thoughts though from people that know the Denver market would be appreciated.

Donald - wow, thanks for posting.  Great information for this newbie.  Helpful to see it all laid out so clearly.

Hi!  I'm new to Bigger Pockets and live in Denver, CO.  I'm a stager and decorator, looking to start investing again in Oklahoma City and Kansas City.  Would love to connect on a regular basis with other women investors!