All Forum Posts by: Seidu M. Lawal

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Seidu M. Lawal has started 7 posts and replied 16 times.

As a beginner to RE, how do you get good credits when you haven't bought any property yet, and never took a loan before??

0 Votes

I don't have much to say, I just learn from your comments. I'm new to real estate, kindly check my first post on my profile, could really use all your wise comments

0 Votes

Originally posted by @Austen Mueller:

Work on your credit and save for a down payment. I suggest looking into Househacking for your first deal. Buy a multi unit and live in one of the units. Let the mortgage company know you will be doing this and they may lend you more money.

What if I already have somewhere I live for free, do I necessarily need to move into one of the unit? Asking this to be clear. And how do I work on my credit since I haven't done any deal yet.

0 Votes

Originally posted by @Austen Mueller:

Work on your credit and save for a down payment. I suggest looking into Househacking for your first deal. Buy a multi unit and live in one of the units. Let the mortgage company know you will be doing this and they may lend you more money.

Okay, thank you for this, I really appreciate it allot.

1 Vote

Nice, wish I could help, I'm new, my interest is rentals, read a book.

0 Votes

Atlanta, Georgia

Hello everyone, I'm new but I know I want to be a real estate investor and I wanna own rental properties. I haven't talked to a bank yet except by email, I'm in my early 20s. Completely new to everything plus no strategies yet. I found this website on a book I was reading, don't really know where to start from, can someone point me to the right direction?

1 Vote