I'm trying to first learn a lot, crunch numbers etc. before taking the plunge.

Hello,I've been on BP for a while but I'm making the plunge from passive to active investor and contributor to BP.

Half the battle is educating yourself before taking the plunge.

I have now taken the plunge in securing my first property under contract and I would like to know what y'all think about financing, specifically, hard money or private lending in maryland/Baltimore area for a house flip. property details are as follows:Purchase price: 60,000House: 5 bedroom, 2 bath houseCounty Assessor information: land value: 68,000 building value: 110,000Comps from realtor.com: $189,000Please, someone give me advice as to which financing option is best and the likelihood of getting the financing.Are there any investors on this site who are active in the baltimore area who are willing to provide financing?

I have been interested in real estate for years and my wife and I are ready to make the plunge.

I'm sort of in the same boat as you I am just soaking all the info in before I take the plunge into real estate.

Investors can buy in for the price of a single-family home or a single share of stock.But the plunge in U.S. home prices in the financial crisis should be a fresh reminder that bets on housing can sour in a hurry.The latest deals often don't depend on home values going up, which sets them apart from the house-flipping strategies that cost many home buyers dearly when the market collapsed.

How long did it take you to develop your REI education / financial literacy to take the plunge and purchase your first RE investment?

When you get to that point and find a good deal that everything lines up on, take the plunge!

Hi All,Ready to take the plunge, and complete my first BRRRR deal.