Updated specific locations to be searchable, take a look at Las Vegas as an example.

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

1
Breaking in! Last minute tips from your shoes to mine. (250k CASH to invest - NORTH TEXAS)
Author Summary
Musicman_1976 is in Texas
Post Body

Hello all! I am hoping for some last minute tips or double checking over what I plan to do to break into REI.

A little about me is that I am 30, make over 100k at my day job, and have been blessed with a small trust maturing next month in the amount of 250k. I have bought my personal home last year, credits a little rough in the low 600s.

Anyways onto the good stuff. My family has been doing slow buy and holds since '86. I want to supercharge and really dive in feet first with the goal to eventually go full-time.

I am currently engaged with 1 realtor, have interviewed 4 contractors and been impressed by 2, plan to manage myself. I am going to a wholesalers meet-up tomorrow to start making connections there and hopefully with more agents as well. I'm hoping to BRRRR and of Flip 2-3 units this year.

I am looking at buying CASH and funding the repairs CASH as well so as not to lose money to interest or holding costs. This obviously ties up a large chunk and/or all of my capital and it has me nervous.

In my shoes are you doing the same or maybe still financing what you can to have a larger reserve?

Thank you in advance for all your advice!

Comments
[not loaded or deleted]

I've thought about this a lot! Thanks for the advice

Author
Account Strength
100%
Account Age
8 years
Verified Email
Yes
Verified Flair
No
Total Karma
10,512
Link Karma
1,989
Comment Karma
8,513
Profile updated: 2 days ago
Posts updated: 1 month ago

Subreddit

Post Details

Location
We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
4 years ago