Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Uyen Thi Truc Tran

Uyen Thi Truc Tran has started 3 posts and replied 13 times.

Post: Fund & Grow Financing

Uyen Thi Truc Tran
Pro Member
Posted
  • Rental Property Investor
  • Monterey, CA
  • Posts 13
  • Votes 9

So far my experience with Fund&Grow has been great!!. Bianca has helped me obtain funding and I am looking forward to my next batch!! Thank you Fund&Grow –

Post: What is to best way to start my real estate journey?

Uyen Thi Truc Tran
Pro Member
Posted
  • Rental Property Investor
  • Monterey, CA
  • Posts 13
  • Votes 9

Hello Michael, thank you for your honest advice.

I have been listening to podcasts two hours a day and read three books so far. And I will keep doing that till the rest of my life.

You said “the more units at each address is better”. Do you mean a duplex or triplexes?

Yes, I will focus on motivated sellers. 

I really appreciate your time. Have a good day.

Post: What is to best way to start my real estate journey?

Uyen Thi Truc Tran
Pro Member
Posted
  • Rental Property Investor
  • Monterey, CA
  • Posts 13
  • Votes 9

Hello everyone, I would like to know what would you start investing, if you were me.

I only have around 35k in savings ( I moved to the US 4 years ago and I just put 33k to build my Spa).

I checked with the bank and I am only qualified to borrow 150k. A lot of my Clients pay for services and tip  in cash so the number in my income tax is not high. The house in California is at least 400k. 

I make around 5k a month, after expense, I can save 4k a month.

I am working with Fund & Grow. I have $16k in business credit card with 0% interest in 10 months and 18 months.  But I am sure in the next two weeks, the amount will increase. I will keep updating the number. The money in the credit card can be sent by check to buy property. After 3 months, Fund and Grow will do another round to increase the number.

I am planning to buy turn key property out of state, gain more experience, increase my network and wait till the next recession to buy property in California. Please give me advice. Thank you for your time.