All Forum Posts by: Pat McLaughlin

Thanks for the replies everyone!

@Mitch I just sent you a private message to arrange. Thanks!

Hi,

I'm interested in real estate investing and want to invest in multi-unit properties to hold on to for a long time and create cash flow.

I'm in Seattle (Capitol Hill) for the summer and was wondering if there are any experienced investors who specialize in this area and would be willing to meet up for a coffee or drink sometime in the next couple weeks.

I'd love to hear your story of how you got started and what a real day-to-day schedule looks like when you're running this type of business either full time or on the side.

If this is something you'd be interested in let me know and we can work out details! Thanks!

Thanks for the input John Fossetti and Dion DePaoli!

Looks like I will have my work cut out for me as I am a freelance musician and I took decrease in earned wages this past year when I moved states.

Are there other avenues of getting capital that would be better suited for my situation?

I'm new to real estate and am working through my initial education phase.

My first goal is to purchase 5 rental properties because I love recurring income and believe that this strategy is best suited for my goals and personality.

I'm still a ways off from going through my first deal, but as I prepare, I have a question about financing that I think I need to start addressing now...

I freelance for a living and I think that this may make it more difficult for me to get a loan since I don't have a "stable income."

First - is this true or am I making it up?

Second - If it is true, what steps should I start taking to increase my chances of getting financing when the time rolls around for my first purchase?

Thanks!