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All Forum Posts by: Rashedah Henriques

Rashedah Henriques has started 1 posts and replied 6 times.

@Chris Rosenberg Brownsville is changing, there are bike lanes all up and down rockaway parkway. All the neighborhoods where trains are within walking distance and or have a decent driveway, rent easy. Coney Island is an exception because it is the farthest from the rush of the city. Jersey is going to go either up or down because of the laws that are being passed. Watch how the real estate moves after the legalize cannibus recreationally. Commercial property through the roof

Post: Brand New To Real Estate

Rashedah HenriquesPosted
  • Posts 6
  • Votes 3
@Lance W. Conventional 30yr fixed

Post: Brand New To Real Estate

Rashedah HenriquesPosted
  • Posts 6
  • Votes 3
@Lance W. Thank you
@Brian Ellis you really have to ignore the doubters because eventually they will make you second guess yourself. I played basketball most of my life and the times were I was most successful is when I believed in myself and ignored the “haters”. Not everyone is going to see your vision and it’s not your job to explain it to them, the proof is in the pudding..

Post: Brand New To Real Estate

Rashedah HenriquesPosted
  • Posts 6
  • Votes 3
Hello everyone on BP I am completely new to real estate. I am rebuilding my credit since family problems took a toll on my finances and I want to take control of my life. I have a about $2k saved so far and I want to get started investing. I got preapproved for a loan but I a lot of the properties need a little rehab mainly cosmetic. I was looking initially to get a conventional mortgage but I am not sure if they would cover the rehab costs. Then I started looking into the BRRR method but after reading some reviews about the hard mongley lenders I’m not sure if that is the way I want to go anymore. So these are my questions 1. What method would you use to but an investment property OOS with little cash down and the property needs a little TLC? 2. What private lenders to you find to be transparent to work with? 3. How do you start an investment group with 4 people what are the initial steps to generating OPM? What worked for you, personally, not exaggerating and saying you started flat broke, but you were working a $100k job, like really start with nothing but persistence and a goal. I am working really hard at trying to figure out where to start and at this point just to get started I am almost willing to just buy a very cheap house all cash anything I see for 5k just to get the train moving but I know that is not smart. HELP WANTED
@Mindy Jensen thank you became a Pro Member today and started my 90day challenge 5 days ago IM READY