new to investing

new to investing

Hello everyone,
My name is Brian I live in Dealaware county, PA. Just outside of Philadelphia, I am new to investing. I am having some trouble, and was looking for more experienced people in my area that may be able to help me. I could use some guidance, and help puting together a team.

Thank you,
Brian

P.S. hope for many responses!!!!

__________________


Your first step

First ask yourself if you are looking to get into a deal and make a lump sum of money then get out (this is a great way to build seed money). Or are you looking to build residual income through rentals?

Lump sum money would be a fast cash strategy
residual income would come from cash-flow techniques.

Fast cash techniques
bird-dog (no money down)
assignment of contract (no money down)
double close (no money down)
buy & sell
buy, fix & sell

Cash-flow techniques
rentals
lease options
sandwich lease options (no money down)
seller financing (possible no money down)

The key is to determine what you are trying to accomplish then what resources you have or can use.

for example: if you are looking to make a lump sum of money and no money or credit to put into a deal then you'll want to use bird-dog, assignment of contract or double close.

there is a ton of info on each of these subjects in this site, it is awesome!!

Wish You Well

__________________

If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125


New also

i like the info. that you provide.
robert


Brian

If you are looking to form a team, a good idea might be to search for a real estate investors club in your area. Just google it. I am sure in your area there must be a few of them around. The time you spend networking with other investors is priceless, and it is all for free or a small initiation fee to join. I am sure the time spent at these clubs will be well worth it for you...Jan


Syndicate content