Bought My First House!

Hi All,

I just wanted to tell you that I closed on my first house last week! I'm so excited and proud of myself for overcoming the intense fear I experienced at times during the process! I bought an REO in a great neighborhood and am now focusing on the minor repairs it needs.

My thanks to TCI. This site has been such a help to me. I just got off the phone with a member who specializes in similar investing and was so kind to share pointers. I also found my lender here, a biggie, as I am self employed and needed to find a no doc.

Of course there are no guarentees as to the outcome, but it's great to have options!

Jeannie

grin

Comments(5)

  • sharpREI_PA9th June, 2004

    Jeannie,
    Congrats to you!!! I recently bought a single family home for rental property as well too!! Best part is I am getting poisitve cash flow....on my first deal!! I am excited and well on my way with my goals.

    It has taken awhile to get to this point, but I am starting to see things clearer these days.

    Again, congrats to you...and keep it up!! More deals out there...go get em smile

    Chris G

  • InActive_Account9th June, 2004

    Jeannie,

    Way to go! Congratulations! I'm glad you are able to get over your fear.

    Thanks for sharing your story. It' encouages everyone.

    Robert
    [addsig]

  • dlitedan9th June, 2004

    Good for you! I am getting ready to close on my first investment house very soon. Its nice to hear from newbies like me. good luck and keep going!

  • reibyme10th June, 2004

    Thanks for letting us know that fear is a part of success.

  • dealfinder11th June, 2004

    Jeannie,

    Way to Go!! Congrats!!!

    I grew uo in Munhall above Homestead. I still have some family back there but now live in sunny So Cal.

    You have a right to be proud of yourself. You did what many others in REI don't do. You conquered your fear any stepped out and did something.

    Good Luck with this deal and all future deals.

    Dave
    [addsig]

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