All Forum Posts by: Mamie Paul

Yes, the interest rates are awful (and I am caught in the middle of a refinance myself that I did not get locked yet). But there are options out there. I am helping investors in Indy all the time with $30K cash. And yes, you may not get immediate results, but investing is a marathon not a sprint. Let me give you 3 examples of deals I am in the middle of in Indianapolis with investors right now. A $60K house that is rented for $750, but will go up to $950 in August, only $4K repairs needed. A $70K house that is rented for $825, but fair market rent for that house is $1100, repairs are minimal. A $80K house that is rented for around $900 - fair market rents are around $1200. I have 2 lenders that will loan on properties under $100K. We also could possibly do some unique financing with construction loans. Don't give up - you just have to dig a little deeper. I will PM you some contacts.

Hi Gloria

Will you please PM me the information as well.

Thank you

0 Votes

Indianapolis, Indiana

Ruby

I am so sorry for the later response. I have been out of time for the pass few days, can you please send me that sheet?

Thank you

0 Votes

Dallas, Texas

@ Travis B

I'm also new to real estate investing and looking to buy rental properties in the Detroit area. It's ok to reach out to you for some guidance?

Thank you

0 Votes

@Noah. I actually just saw it. I'm in the process of trying it right now. Thank you

1 Vote

Dallas, Texas

@Steven Thank you that is great advice will try that. Starting out is nerve-racking there is so much to learn, while making sure I don't lose a lot of capital in the process

1 Vote

Dallas, Texas

I am new to real estate investing. I believe I found a great deal in my area, I send it to my broker to help me analyze it but he said it's not a good deal. I do not have a team yet I 'm in the process of getting one. In the meantime I really want to know how to analyze this deal, don't want to miss the opportunity. Thanks

2 Votes

Dallas, Texas

Thank you Danny!

I am trying to consume as much as I can on this new journey.

0 Votes

Hi I'm Mamie I live in Frisco, I would like to join a REI. Can you please add me to your contact list?

Thank you

2 Votes

Dallas, Texas

Hello, Everyone

My name is Mamie, I am just starting my investment journey in hopes I'm not too late in the game. I am interested in the BRRRR method. I live in Frisco, Tx which is kind of impossible to get in right now. I am in the process of buying my first home hoping to live in it for 3 yrs and then put it up for rent, while trying to invest in other states that are more affordable. I would appreaciate all the advice I can get. I am reading most of the books recommended by BiggerPockets, listening to podcasts and YouTube.

1 Vote

All Forum Posts by: Mamie Paul

Mamie Paul has started 2 posts and replied 9 times.

Post: newbie to real estate and discouraged

Post: How do I analyze a great deal?

Post: Detroit, Michigan cheap real estate

Post: How do I analyze a great deal?

Post: How do I analyze a great deal?

Post: How do I analyze a great deal?

Post: New to Investing

Post: Free DFW Real Estate Investor Monthly Meetup- Saturday, July at 8AM in Carrollton

Post: New to Investing