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All Forum Posts by: Kyle Evans

Kyle Evans has started 20 posts and replied 79 times.

Post: Almost time to buy my first rental!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

@Marcus Johnson Yes. I have been saving for awhile and comfortable spending a decent amount for a down payment!

Post: Almost time to buy my first rental!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

@Raj Gandhi Wow nice job! Sounds like you have a good plan for your 6th property. Look forward to following your journey and I hope you keep an eye on mine! 

Have a great night!

Kyle

Post: Almost time to buy my first rental!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

Thanks @Jordan Thibodeau 

I will be posting some of the potential properties here on biggerpockets to see what everyone else thinks of the numbers before I purchase!

Thanks again and best of luck to you!

Kyle

Post: Almost time to buy my first rental!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

Thank you @Dawn Anastasi !

Post: Almost time to buy my first rental!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

Thanks for the response and advice @Raj Gandhi 

I really like the idea of having a relative co-sign on the property.  I will definitely talk to my parents about it and see if they are up for it!

I also really like your goal of 10 rental properties, How many do you have now?

Thanks again and best of luck to you!

Kyle

Post: Almost time to buy my first rental!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

Hello everyone! 

So It's almost that time! I'm turning 18 December 20th and looking to purchase my first rental property soon after that! 

I know what your thinking.....There is no way! When you want something bad enough you will do anything it takes! I have done years worth of research so I think I know a good amount about real estate and can't wait to start investing! 

I have met some awesome people while doing my research maybe even potential business partners. But if that doesn't work out I have a question for you guys.

Since I'm only going to be 18 its going to be very hard to get a loan on a property. 

What would you guys recommend me to do? Seller financing?

I am talking with a bank right now that is seriously considering giving me a loan but if that falls through I would like to have a backup plan. 

I have started multiple companies over the years and instead of spending all the money I have been saving knowing that I wanted to invest in real estate as soon and I possibly could. 

How old were you when you bought your first investment property?

Thanks everyone for taking the time to read this post and any advice will help!

Can't wait to read your responses,

Have a great day!

Kyle

Post: First Chicago Wholesale Deal Complete!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

Congrats!! Well done!

Post: Officially a Landlord - THANKS BIGGER POCKETS!!!

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

Congrats! 

Post: Package Deal + 0 Down + Owner Financed = GREAT DEAL

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

Wow thats awesome! 

Congrats!

Kyle

Post: How old were you when you bought your first property?

Kyle EvansPosted
  • Flipper/Rehabber
  • Naperville, IL
  • Posts 83
  • Votes 12

I'm 17 now and will be investing in my first property as soon as I turn 18 :)