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All Forum Posts by: Matthew Sparks

Matthew Sparks has started 1 posts and replied 2 times.

Post: New member from the KY area

Matthew SparksPosted
  • Investor
  • Ledbetter, KY
  • Posts 2
  • Votes 2

THanks for the informative replies! I haven't wholesaled any ,but did own a Carleton sheets course when I was 16. I used to get stuff under contract all the time in order to flip or rent, never wholesaledo with no money involved. I will have to do much more research on this soon. 

I kind of made the Carleton Sheets comment as a joke, but making a point that I was already pursuing real estate at 16. 

Post: New member from the KY area

Matthew SparksPosted
  • Investor
  • Ledbetter, KY
  • Posts 2
  • Votes 2

I used to be a large real estate investor in Oklahoma and Florida. I have flipped single family homes, built spec homes, had section 8 rentals, and prepared due diligence packages for friends on a commercial scale. 

I have another business, but I have hated it for 6 years. I went broke in 2007 on spec houses in Florida, as many did. 

I haven't touched real estate since. I have 0 derogatory marks and great credit other than bad dti due to some credit cards. 

I am ready to get back in the game. I just don't know which way to proceed. I am used to dealing with homes that were barely priced under the Freddie, Fannie price guidelines to being in small town KY. There is a great ROI on rentals but I will not jump in without proper financial backing.

I look forward to meeting everyone here and learning today's market.

Best Regards, 

Matthew Sparks