It's Official! Closed on Out of State House #2!!!

It's Official! Closed on Out of State House #2!!!

Just signed documents for House #2 in Ohio on Thursday!

It's a 3bed/1bath; paid $17,000, FMV is $55,000; needs about $3,000 in repairs.
Paid half with a credit card with no interest for 12 months, and the rest with a private money loan. Once it's rehabbed, I will refinance and pay off loans.

I actually flew in to Ohio to sign and to meet my agent in person! She is great! and actually has House #3 in sight for me!!

Learning and progressing every day,
Valerie

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Valerie

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Valuni

Things are starting to snowball aren't they?! Keep the momentum!

RENinja

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Congrats Val!

You are doing great! - OHIO is pretty sweet - eh?

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Congrats!!!`

I congratulate you. I think Ohio is a great state, what city us your house in?


Valuni wrote:Just signed

Valuni wrote:
Just signed documents for House #2 in Ohio on Thursday!

It's a 3bed/1bath; paid $17,000, FMV is $55,000; needs about $3,000 in repairs.
Paid half with a credit card with no interest for 12 months, and the rest with a private money loan. Once it's rehabbed, I will refinance and pay off loans.

I actually flew in to Ohio to sign and to meet my agent in person! She is great! and actually has House #3 in sight for me!!

Learning and progressing every day,
Valerie

Wow Valerie!!! Congratulations!!! Sounds fun and exciting. Keep up the work and keep us posted!!!


Wow!

That's great. Yes, it seems that Ohio is good for REI.

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Nicely done

Why Ohio and where are you from?

I know of a hml in Ohio if it help down the road.


Awesome Valuni!

Congrats!!! keep it up and multiply your success!

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Love those Buckeyes!

Congratulations!!! May OHIO continue to bring you more success.
Being a former Buckeye....You motivate me!!

Very best to you. Look forward to hearing the details and closing on the third.

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Awesome Val!

Congrats on your deal Val. What a buy; less than 40%!!

Looks like you're on a roll, for sure. Keep up the good work and may you have continued success!!

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All right, Valerie!!!

Keep it up girl!

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Valerie

Glad to see you doing out of state deals Valerie. I hope you continue to have success with out of state investing. I know it works for us.

Keep up the good work.

Steve.


I'm glad you made it work,

I'm glad you made it work, thanks for letting us know how you put the deal together. Good luck


Don't you just love

being able to buy a house for so little? I'm in so Cal and cheap here is $150,000. How many houses can you buy in Ohio for that? That is why I like out of state deals. And you don't have to fall in love with them. The numbers just have to work.

Curious how you found your team in Ohio? Lawyer, contractor, realtor, etc?

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ssswweeettt!!

Nicely done Valerie! Congrats. Way to make it happen!! Awesome job! New you'd knock it out of the park!

liked the leverage of no interest credit cards! lol alot of people overlook the resource. That's how I funded my last rehab. PM to acquire, cc to rehab (was my skin in the game) and accumulated enough miles this year on cc to cover flight to AZ - Edge and fly into Orlando for cruise - lol!

Keep on keeping on! I know you are JUST getting warmed up!

Blessings,
Jen


Congrats

Keep up the good work.

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i'm a cleveland realtor with howard hanna

i know the deals r great here.. just make sure they are in decent area... i've seen alot of my out of state investors get burned. but as long as you have a good person who knows the area thats great. Keep up good work and dont hesitate to ask questions... thanks pamela grace ashbee from gates mills ohio


Keep them coming!

That's awesome, deal #4 is also on the way eh Eye-wink

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Congrats Valarie

"Another one bites the dust." On to the next, very proud of you. God Bless.

Sandra

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I bet you though I forgot

I bet you though I forgot you! Congratulations Merlot

Keep moving forward. Talk to you soon.


thanks everyone!

for the well wishes and congrats- especially my buds (you know who you are!)

Jim-I was wondering where you were!!
Jen- I know! I keep getting these cc offers! how could I refuse??!!lol
K - getting there, slowly but surely! we have to talk soon!
John- I know I will be reading about your deal any day now!
Steve & Veronica - I know, I'm following your steps!!
Sandra-thanks! I do feel blessed!!
Gena- I'm right behind you!
Tom and Jeri- thanks-what a group of support we have here-just awesome!

@ Mark- I'm in Nor Cal; why Ohio? good deals there! I'll keep in mind your HML-thanks!

@ sweetpambe- out of state is not easy- that's where due diligence is a must! and a great power team necessary! I will definitely keep you in mind if I have any questions-thanks!

I post my humble successes to help encourage everyone out there who is working hard at it... keep at it, and you will make it happen! couldn't do it without everyone's encouragement and advice-thanks everyone!

still learning and progressing every day...
Valerie

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Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

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Am from New York City and

Am from New York City and longing to get involve in out of state REI. Problem is I don't know the first approach to that type of investing. Any one care to share some insight? Will genuinely appreciate any guidance.

Hugh

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good job

congrats on the closing, keep up the good work.


Awesome!

Great job! Keep it rolling! I'm really looking forward to meeting all those successful DG'ers out there! -Susan


Valerie

SWEEEEEEEET!! Really great going...glad to hear it is breaking open for you.just more proof that PERSISTENCE pays $$$$$$$.keep up the momentum u have going....it will only get better!!!!
GO VAL!!!!
JAY

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Fabolous

Nicely done, Valerie.
Keep it cranking. It's just the beginning!

Dennis

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Thanks Jay!

just trying to catch up with you! Eye-wink

Dennis-thank you! I know, have to keep at it, once you start, there's no turning back!

Susan-thank you-I am looking forward to meeting everyone too!

Hugh- you have to build your power team to do out of state deals-they will be your eyes, your ears, and everything else! Takes some calling and falling, but unless you take action, nothing is happening! Eye-wink

Ken- thanks! you got it... keeping an eye on you too, I know you're out there making it happen!

wishing everyone success!
Valerie

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Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...


your journey

Hi Valuni, your rolling down the tar mack in your Realestate Investors Plane an your picking up momentume, deal # 2 an thats climbing, your off an flying, the very best, Jim

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Valerie

Congratulations to you! You deserve it and I'm so happy for you. Can't wait to hear about deal #3; sounds like it's just around the corner. Nice early Christmas present. Smiling

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dear valerie

excellent job. it pays to step out of the comfort zone.


Thanks!

James-you got it... picking up momentum, or at least trying to... but never stopping!

Linda- how are things going with you-haven't seen your posts since you were moving? I'm getting things ready for #3... rehabbing #2 now... always staying busy with rei!

Rich- it is so hard to step out of the comfort zone! but by just taking action, whatever it is, every day, things start to happen.

Can't wait to read about all your deals too! Never stop trying!
Valerie

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Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...