New Investor…Please Help! - Posted by LaShanda
Posted by LaShanda on July 26, 2003 at 21:06:37:
I have been researching REI for the last two years and I need some advice on getting started. I have managed to save $40K of my own money and I have FICO scores of 750. I have several areas of interest which include: flips, rehabs, rentals, courthouse purchases, small unit apartment complex, salon suite leasing, etc. I am currently trying to secure a LOC with a bank, any suggestions would be greatly appreciated. I want to build up a portfolio of investment properties that will show favorably to the bank. Since this will be my full time job, I need to strategically plan my long term investments so they don’t negatively affect my borrowing power. If you have any advice on how or where I should start please feel free to respond. Thanks in advance!