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All Forum Posts by: Victoria J.

Victoria J. has started 8 posts and replied 13 times.

Post: Do all realtors want a pre-qual before showing?

Victoria J.Posted
  • Fredericksburg, VA
  • Posts 14
  • Votes 3
Is this a new thing? I’ve never heard of this?

Post: Choosing a hard money lender

Victoria J.Posted
  • Fredericksburg, VA
  • Posts 14
  • Votes 3

Hello BP!

I've read a lot about where to find a hard money lender. Either from agents in the area, other investors, or, of course, the Bigger Pockets directory. The amount of lenders in my area or that will work in my area is overwhelming. So how does one CHOOSE from these lenders? I heard someone say "don't go with HMLs who use extra fees up front for like paperwork and processing and such". And I'm sure the price is a factor. (Although maybe you get what you pay for with loans?? Not sure there.) So what else plays a roll in who you choose? Aside from who will give you money! Thanks

Post: Read to learn... but a little skeptical

Victoria J.Posted
  • Fredericksburg, VA
  • Posts 14
  • Votes 3

Hello BP,

I've been a BP member for years but haven't posted anything until now. I'm honestly slightly skeptical about the type of responses to 'dumb' questions that I as a novice will undoubtedly ask will receive. In the past, in different areas (online and in person) I've been meet with less than supportive opinions. (Opinions on general questions.. Not this is a bad deal don't clean out your 401k for it! Cautionary advice will be a much valued thing.) But after reading/listening to Brandon and the other contributors rave about the collaborative and encouraging vibe of BP, I'm finally here!

More about me (us). I have wanted to flip houses since I was probably 12 or 13, if I'm being honest. (Product of a single mother who was always working on our home I suppose.) Now my husband and I are finally ready to start. Having said that.... while my husband is very much on board with investing, (flipping and renting alike) the task of finding out exactly HOW to do this has fallen to me. Which brings me here. We have a goal of buying at least one property (preferably to flip) before the end of the year. (Six months to learn and pull the trigger? We'll see!) On top of that we have a few big things going on outside of investing which makes this more frightening to me. 

1.) We are new to the area we live in currently. (Northern Virginia) 

2.) Chances are good that we will be moving to a completely new area after the new year. (military life for you)

3.) And last.. We are expecting our first child together in this time frame. 

Even with those events, my husband is sticking to this modest goal of one house down. So with all of that, now I will be diving into the Bigger Pockets universe to learn what I have to to make this goal a reality. Hopefully I wont drive our family off of a financial cliff! Thanks in advance for the help all. 

-Victoria