Looking For My First Purchase...
Hello all, I'm 24 living in New Orleans and new to the property investment industry. When I say "new" I'm talking about 2 months and zero properties. I have been in the finance industry as a loan officer for about two years now, so I come with knowledge of the loan process. So far I have "looked" at about 70 properties, set-up my LLC, hooked up with a real-estate agent that will send me comps, hooked up with a title company to send me the closing costs, walked thru a few properties to analyze cost of rehab, set some financial goals, got approved for the financing and I think I'm ready to start making offers... Is there any advice you guys would offer to make things go smoothly????
Also, I found this site searching for inforamtion about estimating cost of rehab... Just wanted to say, I have learned a lot just in the past 3 hours I have been reading. Thanks in advance..
Your ready, and your set, then GO ! Buy your first property. Good Luck !
is the market your in in expansion or decline?
I couldn't tell you the first thing about expanding or declining markets, besides what my basic business sense would tell me. What do I need to do? Search sale prices over the past 2 years? What gives me this information>?
Live where you want. invest where it makes sense. visit ****Must Reach Freshman Investor status before posting URL's***
my reader board say's i'm a freshman?? thats www.narei.com
Thank you creative investor
What a wonderful site. Thanks!!