Want To Participate But Already In Debt!?...
Hi, I am a re-registered newbie and I want to get the groups opinion. My very good friend and I are interested in buying properties as investments (in the 50-100k range), fixing them up and selling or renting them out depending on the circumstances. Now, my mother is a very experienced realtor in the area so no problems there. And, we are both quite handy both being single and doing lots of work on our respective houses. The problem is we are both relatively broke and already in a little debt. Is it a terribly bad idea to start small with something like this to try to get out of debt?!
I suggest you go the the various forums .......read and learn.
We also have a Lenders section in which you can check out various loan programs.
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I have locked or deleted several post because of forum rule violations. Anyone that is new to this site should review the forums rules before posting messages.
regards
NC_Yank