drewjones
New Contributor
I have decided to become a real estate investor.
I getting my credit figured out, my scores are 541,549,629.
Paying a total of 7500 off in debt. within the matter of days.
I got a 22k check tuesday with the goal of investing in property.
I know its not much, but it is a start.
Here is where i am right now...
1 I have 10k to put down.
2 I have a job making 50k a year here in Long Beach, California, which gives me the ability to afford $1000 in a mortgage.
3 my credit will have all "paid" on the accounts. with a score above 629.
4 my current ongoing dti is 35%.
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What else am i missing????
Where do I start????
Just a note...Ive already been looking at reo and thinking because of having not much to put down...trustee sales????
Sock it to me....
I getting my credit figured out, my scores are 541,549,629.
Paying a total of 7500 off in debt. within the matter of days.
I got a 22k check tuesday with the goal of investing in property.
I know its not much, but it is a start.
Here is where i am right now...
1 I have 10k to put down.
2 I have a job making 50k a year here in Long Beach, California, which gives me the ability to afford $1000 in a mortgage.
3 my credit will have all "paid" on the accounts. with a score above 629.
4 my current ongoing dti is 35%.
-----------------------------------------------------------------------
What else am i missing????
Where do I start????
Just a note...Ive already been looking at reo and thinking because of having not much to put down...trustee sales????
Sock it to me....
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