All Forum Posts by: Kyle Marchand

Thanks @Carolyn Morales, I've looked into the 203k loan and it looks closer to something I might be interested in. Although it looks like you still need 3.5% down, it almost seems impossible to make a deal without capital and no deals under my belt. I'm currently looking into how my county goes about foreclosed homes and seeing if anyone could work with me on that.

Appreciate it @Jay Helms. I've been trying to study the market and looking at every house sold and every house coming on the market for my area. And the market is almost completely dry right now. Which is I'm currently looking at other areas I can relocate to where deals aren't so scarce they get picked up by investors within a week. My dad, who was my partner, barely even looks at deals anymore because there's just nothing work looking at right now. So it almost seems like nothing is happening at this point when I get more and more antsy to make a move.

It almost seems like I should relocate to a better area for real estate and find a job/agent/investor in that area really quickly and try to househack or try to flip a house as quickly as possible. 

Thanks @Jay Helms and @Derriel Cribbs for the input and advice. I definitely have the availability and hustle to want to get a deal done. With no income or previous experience, is it going to be hard to find an investor? And would you recommend locating to a different area that has more potential deals? Just still a little gun shy about what process i should take to initiate my first deal.  

Very new to real estate but trying to educate myself on real estate and everything it has to offer. My dad flipped a mobile just recently (sold in September) and I was supposed to be his partner on his next flipping deal, but we can't seem to find anything in the market and we've been looking for 6 months. I currently do not have a job as I wanted to dive head first into helping renovate the house and learn everything I can. But since we go through the bank, we can only get a house up to 160k and it already has to be livable, or else they won't lend the money.  My dad won't want to work with any investors, either.  I'm ready to get my first deal and don't want to wait any longer for the perfect deal to come up (could take another 6 months). Should I take matters into my own hands and try to get funding by myself? I'm willing to do anything to get my first house to remodel. But I'm not sure what step I should take to begin this journey. I was thinking of relocating to a different area and finding a job and an agent so I could start getting my own deals, but I don't know which move is the smartest for me right now.