All Forum Posts by: Tim Stodieck

I know @johnfedro did an interview with Josh a while back I don't think they went into details about how the deal works.

I agree with bill, the guy owes too much for you to make any profit on it. If you did buy this house for 29k where would the profit come from? Selling a mobile home for 30k all cash is pretty difficult to do. You could sell it on profits but that would take years to get your money back. You could partner with the seller and try to wholesale the house but the time and effort isnt worth the few thousand or less you might get and I wouldnt think this seller has the time for that. I wouldn't touch this one.

I am also a newbie like yourself, and I also will be investing in mobile homes, go to mobilehomeinvesting.net and or search for john fedro in youtube. You can find all your answers there.

Do you think I could use the va to purchase multiple properties? Or you think im allowed only one loan?

Hey guys, thank you so much for the advice and encouragement. I would definetly appreciate it if I could pick your brains when I arrive in Washington next March. Washington definitely looks to be a good place to start, cost of living is much higher there than I'm used to in Georgia but that just means bigger capital gains. The VA loan 4 Plex looks appetizing and definitely an easier start for me, I'm going to start looking into va loans now, I heard I might not need any or little money down for it, I hope that's true. I look forward to talking to both of you, have a good day.

Thank you very much, I plan to start ordering books when I get back to Georgia in a few months. The va loan will be beneficial to me but I don't know anything about it yet. Also, I don't have horrible credit but I surely can still improve it, thanks again

Thank you, I've read the beginners guide twice already. I'm eager to get out of the desert and get started

Hello, I'm from Minnesota also, I lived near forestlake, in the north suburbs, I'm moving to Seattle in the spring.

Hello everyone,

Im currently deployed to Afghanistan right. I've never thought about investing until I met my current boss who made millions investing in rentals and is set for his retirement.

It never even occurred to me, real estate! Why not? I don't have to reinvent the wheel, seems easy enough.

Well here I am, i'm moving to Seattle next spring and im determined to make this work, and the best part is my wife is on board too.

I'm starting from scratch, I have no money, due to my one year old back home and I just paid off all my debt, except the car payment. I have no idea where to begin, ive neve bought a house and ive never even seen a mortgage.

I do know I want this bad and my first goal is to just get through my first purchase, I know buy and hold is the way I want to go, maybe some flips once I get the money flowin but that's far in the future for now.

Ive been lurking this website for about a week now nd reading and watching every youtube video on the subject. I suppose my biggest worry is financing since I have no money and ive never got accepted for a loan over twenty five thousand. I have much to learn but right now I guess I have nothing but time.

This is a great website and im on it daily now, I'm sure most of you would have liked a great tool like this when you started your business and im really grateful I get to learn from all of you, thank you ahead of time!