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26 January 2007 | 15 replies
I would follow Ryan Webber's advice and start out WHOLESALING so you can build up the cash reserves quickly to buy houses to hold.
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26 January 2007 | 13 replies
So there are incredible deals out there if you keep scanning the mls listings.The reason you want to raise capital in the early phases of your realestate investing career is to build up some cash so that you can buy your first apartment building.
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2 November 2007 | 7 replies
Oh, and make sure everyone signs in ink on the disclosures!!!!!
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12 February 2007 | 10 replies
With decent credit and some reserves, you could get into a program or partnership and build up some real money to play with.
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10 June 2007 | 12 replies
Money DOES grow on trees, but it has to pulped, woven, dyed, and inked first.
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28 February 2007 | 1 reply
Look for suppliers that will work with you on a net 30 basis and report your payment history to the credit reporting agency for your business credit to build up a file.
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8 March 2007 | 14 replies
If you are tight on cash stick to wholesaling until you build up a reserve.
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12 March 2007 | 7 replies
Being successful at rehabbing requires extensive experience in multiple different areas.I would rather recommend focusing on ways to build up some of your capital and learn to swim in the shallow water before you jump into the ocean.Wholesaling, birddogging, lease options, subject to's, contract for deeds, and owner financing are all ways to start with little or no capital.
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18 July 2009 | 15 replies
Hopefully this will let me sell all the units.Here are the numbers (in k):Purchase price: 655, of which I'm putting 20% down and financing the rest at a 6.5% 3-year ARM.
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23 April 2007 | 8 replies
One trick I use, especially if the floor isn't leveled or is cracked, is to build up a new floor.