newbie with a problem - Posted by derek elder

Posted by derek elder on January 29, 2001 at 20:12:01:

thank you ed copp. i had 3 businesses that went under at the same time. but that is behind me, i want to get started in only real estate. do you or anyone else have advise on a good rei course to purchase.

newbie with a problem - Posted by derek elder

Posted by derek elder on January 29, 2001 at 17:10:17:

i am new to rei, i have read a lot of books on the subject, and i am anxious to get started. i have one problem, i have just filed for bankruptcy. how can i get started, and what would be the best category(mobilehomes, rentals, etc.) to start with? how would i find financing? thank you for your time and help

Re: First, - Posted by Ed Copp (OH)

Posted by Ed Copp (OH) on January 29, 2001 at 18:33:38:

I would try to figure out why I had to file B/R, and then not do that again.

Then I would learn to flip purchase contracts and/or options. Very little money needed (I trust that is how much that you have), and the buyer will come up with the financing or cash.