All Forum Posts by: Sam Gibson

Right now we are light on resources, pay check to pay check, so wholesaling.  I want to learn about rehabbing, buy and holding and last but not least Roth investing.

Thank you Mitch Messer and you are not that far off we are new (obviously) but we did complete the course, lol.  $100 just didn't seem feasible.  Thank you now I see the difference and it makes sense.  

I live in Athens, AL and I found 3 properties I would like to make an offer on right away.  There is a lot of schools of thoughts on earnest money.  One investor says just do $100 and just say it's company policy and it's never stood in his way.  Another investor says at least $500 and that changes with the asking price.  The higher the asking price the higher the earnest monies.  Another investor says don't mess around $5,000 because you don't want to miss a deal because you low ball earnest monies.  HELP!  If I had $5,000 you would not be reading this post right now if I could do $100 then I could make those offers this afternoon.  Even at $500 I am waiting on my car to sell to put in an offer.  The plan is to wholesale the first one so I can start my business. I say I but it's really we and our.  Having people counting on me makes me want to try anything at this point.  I don't want to insult anyone because I am looking for long term relationships and being honest and fair is just the way I want to do business.  BTW these properties are in the median range (under $200k) and with a real estate agent.  Thank you in advance for shining a light on this situation.

I am Sam, Sam I am, Hello everyone I new to investing I am here to learn and absorb everything I can.