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All Forum Posts by: Marcos Walters

Marcos Walters has started 5 posts and replied 6 times.

Post: How did you fund your first deal?

Marcos WaltersPosted
  • New to Real Estate
  • St Louis, MO
  • Posts 6
  • Votes 6

I want to know how a lot of you here on BP funded your very first deal? Right now I find myself waiting patiently for my rent lease to end and telling myself "I hope I am able to get to this amount of money for a down payment by the time my lease ends". As I am doing this I am seeing a lot of deals in my market that I would love to put offers on. I want to know if any of you went a different route than a conventional loan to get the job done and how that turned out? I've looked into FHA a bit and I'm exploring other options as well.

Post: What was your first multi-family experince?

Marcos WaltersPosted
  • New to Real Estate
  • St Louis, MO
  • Posts 6
  • Votes 6

I started my real estate investing journey this past March by starting to save some capital for a down payment on a multifamily home. I want to know from you all how your first multi-family experience was, what you learned, and what advice would you have for a beginner like myself? I'm open to all advice!

Post: New to real estate; St Louis area

Marcos WaltersPosted
  • New to Real Estate
  • St Louis, MO
  • Posts 6
  • Votes 6
Originally posted by @Steven May:

Congrats! I am from St. Louis but have lived in Kansas City for the last 2 years. I worked full time as a RN after graduation May 2019 in a ICU here in KC, but recently went PRN as I am a licensed realtor as well now. I own 2 homes (both house hacks), and have another SFH and a duplex under contract right now.

House hack definitely to start and learn to take advantage of the flexibility of RN life to do big things in real estate. 

I plan to be RN "work" optional by 30 years old through financial independence

Steven, this is extremely inspirational to me. I hope to work as an RN through my own time one day. I never realized that financial freedom was even a concept until I read Rich Dad Poor Dad and then I slowly crept into real estate investing. I think the three days on and four days off offers me a bit of an advantage as far as time goes. Has being a realtor helped you a lot through the learning process and getting things rolling? 

Post: New to real estate; St Louis area

Marcos WaltersPosted
  • New to Real Estate
  • St Louis, MO
  • Posts 6
  • Votes 6

I recently discovered BP from a buddy of mine right before I graduated from my undergrad this past winter. I didn't even consider real estate as an option for me to ever do, but it is honestly something I would love to submerge myself into. I just became a nurse this year and have now decided to use whatever I am saving to invest in real estate and get my foot in the door. I'm living as small as I can, so I can save a substantial amount to get things going. 

 I've looked into wholesaling, house hacking, and rental properties, but I need to take action and get things rolling. I have a lot to learn, but I'm excited to be a part of the community and get started on the journey!

Let me know if any of you are also in the area or just want to discuss anything real estate. It would be great to surround myself with others who are like minded and are also learning real estate. 

Post: New to real estate; Building connections (STL)

Marcos WaltersPosted
  • New to Real Estate
  • St Louis, MO
  • Posts 6
  • Votes 6

I am new to real estate, but have dipped into the idea of having a rental property, house hacking, and wholesaling for a few months. I recently graduated with a bachelors of science in nursing and started my career in the St. Louis area, so I decided to live small and use the income from my job to kickstart me into my real estate journey. 

My main question is, how did you start building connections within the real estate community? Has it been more difficult being new to real estate with COVID-19 restrictions to build connections and find mentors? I would love to speak to those who have "been there and done that" to find a bit of guidance, so I am open to any and all advice. Thank you and I'm looking forward to being a part of the community!

Post: New to real estate; Building connections (STL)

Marcos WaltersPosted
  • New to Real Estate
  • St Louis, MO
  • Posts 6
  • Votes 6

I am new to real estate, but have dipped into the idea of having a rental property, house hacking, and wholesaling for a few months. I recently graduated with a bachelors of science in nursing and started my career in the St. Louis area, so I decided to live small and use the income from my job to kickstart me into my real estate journey. 

My main question is, how did you start building connections within the real estate community? Has it been more difficult being new to real estate with COVID-19 restrictions to build connections and find mentors? I would love to speak to those who have "been there and done that" to find a bit of guidance, so I am open to any and all advice. Thank you and I'm looking forward to being a part of the community!