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If you are a real estate investor how long did it take you to make your first deal? |
and how much did you make on your first deal? Still waiting for the payoff...but, I purchased a lot in California City, got a construction loan, no money down if you own the lot, hired builder, and will make 60.000 profit in 90 days when I sell the house. Also try buybankhomes.com. This is WAMU's web site. I know a few people that have picked up a few houses (fixers) for 4,000 and fliped then within 30 days at a profit of 550%. But I like building homes..Yes I paid for the lot outright, but their are lenders that will do a 1 step loan if your credit is about 660 or higher..Hope this gives you some ideas. it took me 3 months to make kenya shilings 87,000 |
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-your local Small Business Administration -placing an ad in Business Opportunities section in your local paper -sending business plan to a venture capitalist -having a wealthy person among frien... Your best bet is to advertise, but to be VERY careful with the responses you get and to check the "lenders" out VERY carefully. If they have enough money to lend you for a house, the... Investors mainly pay cash. Loans are debts, not investments. But that said, it only takes about 3 days to get a loan if your ducks are all in a row. Once you have one loan with a bank ... Find people who believe in your idea and sell them a part. Keep at least 51% for yourself. Like they say, "you need a partner, when you need a partner". ...Tell you what? I buy property and rent it out. I am doing very well. I am presently not selling anything, only buying. I usually have 1-2 in escrow on any given day, depending on their ... A "finder's fee?" For what? Possible acting as an unlicensed real estate agent? Something about your question makes me very concerned. ...if you are talking bonds..china.....stocks Saudi ...put up your pic ... |
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