Where Am I????
I am a newbie trying to get started in investing. My credit is A-, but I am in the middle of having a house built and most of my money is tied up in that conventional transaction(settlement is about 3 months away). I have about $4k to spend on a seperate deal and I am working on improving my credit.
My question is Where am i in the scheme of things? Should I try to do my first deal? Should I wait? If I try a deal, what kind of deal would you more experienced investors suggest?
If you have time, jump in and do a deal. You are in a Judicial state, so pre-foreclosure is available to you and it is not very difficult to do. You have to do some foot work, but it is worth it. Cost is very low and if you utilize this site and learn all you can from it, you have the whole group to ask questions to. I would suggest you do some research here first and get a handle on what area of the investing spectrum you want to approach. Good luck