I am, like so many, new to this forum and new to this market. I guess a little background would help.
I’m 25 years old and have little to no capital (I do work full time in sales so I do have money coming in) and unfortunately have done a number to my credit in my “development” years. :banghead
I have a deep interest for real estate, always have. I have worked in construction including two years of commercial electrical work so the good new for me is when I finally figure out how to get an investment property I want to flip I’ll be able to much of the work myself. I currently live in the Albany, NY area but am seriously contemplating the North Carolina area in the near future.
As for my plans in real estate I’m not too sure. Long term goal I want to become an investor. Shorter term than that I want to buy, rehab and sell, or possibly rent multi-family or single family houses. Immediate goal I want to get into either Bird dogging or whole selling or both. From what I have been reading, other than finding a hard loan, these are going to be my only viable options for starting out with poor credit and poor capital.
So I guess the underlying question from this rant is where do I begin? I understand much of the concept about finding leads, negotiate a contract and find a buyer. But how do I do that? Do I need special licensing? Do I need to get an attorney, contact a realtor, contact investors first? The problem is I’m not even a blip on the map at this point so I don’t no where to begin. Should I take some courses?
Any and all commentary or even criticism at this point would be incredibly helpful. I’m overly ambitious and motivated, I have good hands on experience and am a pretty good salesman so I’m ready to hit the ground running :biggrin Thanks all! :beer