All Forum Posts by: Tevin Swain

@Frank Patalano for myself its getting my credit to a point where I am able to get the necessary funding or financing for my first property , also figuring out if I want to invest in multi family or single family

Thank you 

Good morning everyone , I’m new to real estate investing . I wanted to know about wholesaling . I understand the concept of wholesaling , but starting out I wanted to know which methods worked better for some of the members on bigger pockets. How did you get started and what strategies did you use to get properties under contract?

Good morning BP , I’ve been reading some good books about creative financing strategies as a way to get “low or no money down deals . Could anyone share a few of those experiences and tell about some of the challenges that they may have had and what methods they used more than once? Thanks in advance!!

@David Weintraub Thank you

So I have been working in the education field since 2012 and I love it , I want to become a special education teacher . The issue is right now where I am in pursuit of my degree , I will need a lot more time in school to get to where I want to be. On the other hand , I have experience and two of three licenses in the insurance industry and working on my third. I don’t really have a passion for the insurance industry , but it pays me a good salary and I will have the opportunity to make a lot more with bonuses and it also has good residual income . Not to mention ther is a plethora of other work from home opportunities and different ways to accommodate my schedule. My goal is to save money , build my credit to invest and purchase properties. I have a good plan , but it will have to come with a two year sacrifice with changing my career and my current job to take on a different position to save more money and build a better financial future. I will never give up my passion for wanting to work with students , but I wanted to ask if this seems like a good plan to anyone else? I’m bouncing this idea up and down and I wanted some other opinions. Please let me know !! Thanks in advance, Tevin

@Nghi Le Thank you , I appreciate it 

@Jacob Aguilera Hello Jacob , I am new myself and I am kind of in the same situation. Although I have income , what I’m looking to do is set a proper foundation. What I mean by that is , getting an education and making up in my mind what strategies I want to use. I’m also taking my time to find EXIT strategies , from what I’ve researched is that sometimes you may have what you think is a great deal , but it may be difficult to get it funded or even sell your deals. Also even though I’ve lived in my city for most of my life , im researching and trying to learn about opportunities in my own backyard. My first advice is maybe find a REA associations in your area ( some do require a fee, but it’s worth it) . I’m also considering joining Bp pro . There are creative ways to find No or Low money down deals , but as wel all know sometimes there is a such thing as “too good to be true “ . I say that to say right now you may not have cash or savings , but here is plenty of ways to get into real estate for instance getting a license , giving up elbow grease to a contractor , volunteering at an attorneys office and calling your local municipal office to see what the laws are . Money will never beat relationship building and gaining a proper education so your in the money right now you just have to figure out a way to put it into your account . Best of luck Tevin.

@Nghi le , so would it be better for me to do a deal with someone who is more experienced than myself for the first few deals? 

@Caleb Heimsoth