All Forum Posts by: Ryan Nguyen

Hi guys,

I went to an investor club meeting yesterday and they are offering some contracts (wholesale price) for a pre-built or watever it's called. After the building project is done, we have to close the deal or something like that. Is this normal in a club meeting?

Also after the meeting I got a chance to talk to several people and one guy know that I'm just starting so he's offering some duplex for sale in colorado for about 50k - 70k with "positive" cash flow.

How do I know if these are true? I'm a total newbie so dont know where to start.....

Do you guys think I can start with the cheap duplex since I dont have any money rite now....

Please give the newbie some suggestions..... :oops: :oops: :D :lol: :lol:

Thanks so much for your advice..that's really really helpful....butwhere do i find a public record for example?

Hi ProHabber,

I'm currently renting a 1 bd, 1 bath Condo..for $1100 a month. I know that's insane but it's in Orange County, California.

Houses here are 500k and above. Duplex and Four-plex are even more expensive. My income is around 60k/year and I currently don't have any money for down payment.

Is there possibly any way that I can purchase a duplex etc. to stay and rent out 1 unit. I'm willing to pay 1500/month on my part....

Please help cuz i'm kinda lost with this insane real estate price....

Ryan,

May I ask what is OPM? Thanks

Hi guys,

My name is Ryan. I'm really new to real estate. I would love any recommendations and guidance from you guys. I want to be rich too.

Thanks