Sounds like you're pretty educated on the financial side.

Focus on paying off the CC and car loan (both sources of bad debt), and eliminating bad money habits - this is absolutely fundamental to long term financial success.

I've also listended to all but maybe eight of the BP podcasts and have a conceptual understanding of different strategies and options; my background is in financial analysis and corporate valuation. 

I was a financial advisor for about 3 yrs and made the switch to the real estate industry.

My current goals are to continue to acquire cashflowing deals in my local market, build up experience and with continuing growth and confidence expand to the point where my family is financially free.First off this community is amazing and has been a huge motivator to change my view on my investments.

Any advice would be greatly appreciated :) Hi Alejandra,1 year worth of financials will most likely be a conventional loan if you're self employed and can prove so for the last 2 yrs (financials needed as in tax returns).Portfolio like others have said are generally a bit higher in rates depending on the area of the country you're in.

You have given no indication as to the size of the deal, your experience, or your own financial resources.

So if you have a property that you rented out for 12 months and then your tenant didn't pay rent for a month or two and then you had to evict them, the default rate would be 1/13 or 2/14 depending on the circumstance.

I have estimates of the costs for architectural services and a ball park figures for the renovation costs, acquisition costs and a financial projection of the revenues and investor recompense. 

Hey guys.So I am currently in that space where I’ve been reading books and listening to podcasts but I am still about a year away from my first purchase (at least 6 months).To make a long story short, I’m cleaning up a mess a younger me didn’t realize would put a monkey wrench in the plan my current self has created to help me achieve financial freedom.With all the knowledge and experience everyone has been sharing, I’ve been feeling like I wanted to contribute to the community as well.But how does someone with no experience contribute to this wonderful community?