I'd say the average person (maybe not investors on BiggerPockets) would get lost the moment you say, "You can find these loans yourself online...

written by investors and attorney-approved for your state.

Call every single flipper/developer in your area, post the deal in every investor Facebook group, and go to networking events.By the way, if it's easy for you to get a property under contract, most likely you are offering too much.

Protect any current investors at all costs.

I generally want my point of contact to be an investor themself, because they can be a mentor, not just a lender.

Hello everyone.
First time poster.
General Background
Newbie investor
No credit available (poor credit and repo due to major health issue).
Multiple tax years of returns due (nominal to no income)
Unplanned ow...

Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible

Happy to see another investor from San Jose!

That’s why I’m putting together this course—to share what I’ve learned and help others find that balance and financial security.Looking for InsightsI’m aiming to make this course as helpful and relevant as possible, and I’d love to hear from fellow investors about:- Challenges you face in your real estate investments- Topics and tools you think would be most helpful in a real estate investing course- Any questions or concerns you have about investing while managing a busy careerOpen to a Chat?

It's part of our 1031 story I tell in my book "Lifetime Tax Free Wealth, The Real Estate Investors Guide to the 1031 Exchange".