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All Forum Posts by: Melba Chambers

Melba Chambers has started 19 posts and replied 165 times.

Post: How to refinance property under $50k

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@C-Dell J. I used Wells Fargo and they financed my purchased under 50K, interest rates were a little higher but it worked

Post: 25% down on MLS Property

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Robins Dorvil I did 20% down for both

Post: #7 SFH Closed Yesterday

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Max Shaw this awesome! Congrats big time...keep it going.

Post: 25% down on MLS Property

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Robins Dorvil My 1st property was off of MLS and I offered full ask. It was very outdated, finally done and tenants are moved it and it has nice cash flow. Just went under contract on a duplex that I also got off MLS, Offered a little over asking becasue I knew I would be up against cash offers. Just have to come across the right property at the right time.

Post: Newly purchased flip

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Carrie Hays awesome...are you about to flip it or did you already flip it! If you are about to flip keep us posted. I would love to see the finished product.

Post: Scared Vulnerable and desperately needing life changing finances

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Anthony Bates I think it would be a good idea to start with renting out the room in your house. That's seems like a good start with the financial strain that you said you are having. It's better to take small steps than to take non at all and that will eliminate some of the risk you are worried about as you are learning more about investing. Listen to as may of the podcast and webinars that are on here and learn as much as you can. Good luck!

Post: Any tips on how to start off correctly ?

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Ivory-Elijah Gilliam-Whitney  I second what @JM Payne said!! Learn and much as you can but you have to take actions with the knowledge that you gain! Check out the webinars and podcast on here as well!! Good luck!

Post: 10 doors bought or sold in 7 months

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Guy Yoes awesome...congrats

Post: How long did it take to get your first deal?

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Sardar Mustafa Khan it took me almost 2years to the day that I found BP....A lot of analysis paralysis and being afraid to actually pull the trigger. But very happy that I started.

Post: Undercover billionaire, real or staged

Melba ChambersPosted
  • Rental Property Investor
  • Norwalk, CT
  • Posts 171
  • Votes 138

@Dan Heuschele never watched but I’m going to say staged for sure.