Hello everyone, I'm new to the real estate investing world, I've been doing armed security for the past 20 years, worked a lot of hours and just wasn't going anywhere, then i stubbled back onto Robert Kiyosaki YouTube channel, and membered learning about it some back in 2007, then started watch Ken McElroy learned as much as i could from him then i saw David as Ken's guest and that's what introduced me to BiggerPockets, and have been watching videos taking notes trying to learn as much as i can and trying to get started at the same time, and found some hard money lenders (because I knew I couldn't get a loan from a back with my credit score and just getting started) four of then said sure will give you the loan talk about being excited then they hit me with will give you 80% of the LTV and you have to put the 20% down, my mouth dropped and another guy said there's going to be a 15k PMI added onto it and after I explained I needed to figure out how to come up with the 20% plus the 15k he blocked me on Facebook, so i began asking friends and family for the loan but ended up at a dead end, so with one of the hard money lenders i spoke to and kept in contact with offered my a loan officer position and explained the pay and everything, and in my mind i was like oooo if i get 5 of these deals i could have 20k, which would be enough for a down payment for the LTV on a condo then do the BRRR strategy on it, so that's currently where im at now.

Hello, My name is Todd Lansden and I am new to the real estate world.

I'm talking about general common sense, as in what most people understand about how the world works.

Welcome to the glamorous world of tenants and toilets! 

Over a 2 year period I was the greatest Stock trader in the world. 

I plan to hold the home for 5 to 10 years so soke stagnation or a drop in the mean while would not ve the end of the world as long as it bounces back

Plus you have Universal, Sea World, plus Legoland not too far and even the beaches as well as the Space Museum too same distance as the beaches.

My lender, when I was in this situation, insisted that we close the second, the HELOC, with no option to ask the second to be behind the first.  ...I used to work the pre-foreclosure world and would offer to pay a small amount to a second lien holder. 

However, I have plans to travel the world for about a year or so throughout Europe and Asia in summer of 2022.

2 weeks after finally getting the construction building permits, the world stopped by a global pandemic!