Invest in Real Estate

We’re renovating a property…have an interested LONG-TERM tenant!!! The house has been gutted…my uncle is doing the renovations…I’m doing the legal/tax advising…my parents are investors…it’s a family affair!!! Hopefully it’s a successful endeavor…don’t have any idea what we’re doing, BUT we’re not afraid to TRY!!!

I feel that this is the best time to do it, but my situation does not afford me the opportunity to take advantage. I need a job, and that is the biggest stumbling block right now. My husband works so hard to keep us afloat financially, I just can not put the stress of additional financial obligations on him.

My goal is to complete this by the end of 2008.

Bad Experience! Still currently going through it, sheesh…

I’m a real estate investor, living in San Diego, but I invest wherever there is a good deal. I would love to help you get started if you are unsure of how to start getting involved in real estate. Feel free to email me at sarahmessali@gmail.com if you’d like some advice.

hopefully within a few years… my dream career…

Closed Feb 14. The week before that was a frenzy of interviewing contractors. Pumbling work started on Feb 20. Electric and gas turned on on Feb 20. Target offer for rental Apr 1. Still more work to be done.

We’ve just signed the loan on a house my father in law is selling to us @ 75% of fair market value. We then are going to turn around in six months or so and get a second mortgage and use that to purchase a house at auction. There is a group here in Spokane that is just real estate investors that buy at auction. They want you to own a home and have 20% and they will loan you the rest at a $3000 fee. Then they all meet the night before the auctions and decide who is bidding on what, and they are about 95% of the investors in this area, so you’re almost never opposed. Plus, they do all the research on leins and such, and garuntee their findings. They also work with realtors at reduced rates. My husband is already a member, and by March we’ll be moving into this home! We plan on living in it for less than a year and then selling it as well!

Best one of all…
And now is the best time to buy of all!
:)

Interest rates are down! Refinance or get your rate lock down before you close. I re-adjusted today.

I made a decision to go ahead with the real estate purchase and have the oil tank filled. This goal may be filled Feb 2008.