All Forum Posts by: Michael Yim

Hey Kevin - I'm pretty new to all of this too. If you're planning to finance with a traditional mortgage, you'll also need a steady income source showing that you can afford the mortgage payments and your expense to qualify for the loan. 

@Bianca G. welcome! I'm also a newbie out of Charlotte. I am contemplating the same scenarios. I think if I were to purchase a 20-60k property I would expect a higher cash flow due to the risks associated with a D class property. 

Hi @Wendy Sweet, are there any other meeting?

Hi Sejal, congrats on getting under contract. It's inspiring to hear. How long did it take you to find a deal once you became interested in REI? I'd love to hear more details about your deal if you don't mind.

Thanks @Sandra Lei M., I'll check that out. 

Hi BiggerPockets Community,

I'm new to real estate investing with the goal of getting into buy and hold. In the last two months, I've listened to 100 BP podcasts, a few real estate books, and am ready to get started. Also, I'd love to meet like minded people.