I am new the game and interested in Wholesaling, Rentals, etc.

I intended to refi when construction was complete and possibly make it my primary residence, the ARV would be $500k or higher if the market stays strong.I called my lender to discuss the end game and she said that she cannot refi on AITD and that they are illegal.

If you are an experienced investor or even looking to start yourself in the game of real estate please feel free to get in touch.

I wanted to take the plunge and introduce myself.Name: FionaOccupation: IT Project Manager/Business AnalystLocated: Currently in Harlem, New YorkBackground in Real Estate: Absolute NewbieGoals in Real Estate: To get into the game!  

@Oscar FreimanYou play a very dangerous game when you take cash from your IRA.

Finding a building where you can raise the value with general improvements or with better management is going to be the best suggestion I can give, but making the first step and getting "into the game" is the most important step.

I can assure you though, this is not a game for me.

He has consistently bought one property a year.Get established with a local REIA (Real Estate Investors Association) and network for a seller finance or potential partnership where you bird dog a deal and have someone bring in capital that doesn't want to manage it (some skin in the game will always help get someone else off the sidelines and bring them to your deal.If you have solid credit call local banks/credit unions.  

I was investing with my partners from 2002-2008 when the great RE debacle occurred and have been out of the game since.My partners and I have decided to put the band back together and begin investing again.

The only catch is the HOA is $260 a month plus $65 hazard insurance plus $200 cap for utilities water and lights, internet comes in HOA dues.