All Forum Posts by: M Reason

HEY BP,

I recently found a great deal on a condo which is scheduled to go to auction.

Do I need cash to purchase it or just an approval letter/amount from my lender to start the process going?

MR

Hey Dan,

Thanks I'll check it out.

MR

Hey Fellow BPers,

After several years of researching I'm finally ready to jump into the real estate investment game. I've searched high and low on Realtor.com and Zillow for a good property between $30K and $200K in the South Florida market and found 1 Condo, 1 Townhome and 1 Single Family Home.

Since I don't have 20% cash to put down but great personal credit. How can I get the cash to do my first deal? Are there any first time buyer programs? should I put the first deal in my name or use my company (LLC)?