BJGriff601


All About BJGriff601

Name: 
Bryant Griffith
Location: 
Picayune, MS
About Me: 

I'm 27 years old and I live in Picayune, MS about 45 minutes NE of New Orleans. I first saw Dean's Think A Little Different course in July of 2008 and I was a little skeptical at first, but after watching it all the way through he seemed sincere and I ordered it about 2 days later. I read it but like most people, the information was overwhelming and eventually I got discouraged and put it to the side(big mistake I know). In March 2009, I lost my job and I came across Dean's course while I was cleaning my house for possibly getting ready to move. I said to myself then that I'm going to apply these techniques and I'm going to make real estate investing work for me. After that, I did read the course completely and listened to the audio tapes getting a lot of useful information. Then I was on my way to real estate success right? WRONG!! Now, I did call an agent and go out and look at properties, but once I told her I probably couldn't get financing she kind of distanced herself from me. Not feeling very confident about hard money lenders then, I got discouraged again and drifted away from real estate investing. I eventually got a job teaching in October 2009 but by that time I had gotten way behind on my bills and to save my house and my truck I ended up having to file bankruptcy. As you can imagine I was very stressed by these experiences, but I did have a good job and I could once again take care of bills. But in the back of my mind, I knew I was capable of doing more. That's when I first saw Dean's Profit From Real Estate Right Now and Your Town Your Real Estate Profits books. Remembering my previous stints with real estate and I watched the infomercial but didn't order the book. This was February 2010. In April 2011 I was informed that I would not be asked to come back to teach the following year due to budget cuts. I took this as a sign that I need to make my own way in life and pursue my dreams of starting my own business. I order Dean's 2 books and I've gone to work reading and doing research on properties. I have yet to do my first deal but I am further than I have ever been.

Interests: 
Reading, playing sports, spending time with family, playing video games

Topics I've Participated In

Basic Info

Occupation: 
Junior High Teacher's aide
Children: 
No Children
Education: 
Some College
Status: 
In a Relationship

Sites I Visit

Mainly Just This One

Guestbook

Hi

tenorsaxman's picture

Hi do u know of a form or contingency that will keep the bank from coming back later and trying to sue a seller for the difference of the loan they owed. Example: if the seller owes 70,000 to the bank and the bank accepts a offer of 30,000. They would still technically owe 40,000. How would I make sure that debt is forgiven with a contract the bank agrees to.

Thanks for your time.

Bryan-Picayune

Mossyoak's picture

Congratulations on your decision to be an investor. I am from Ocean Springs, MS and have been an rei for about 20 years.
My best advise is to take the tortoise approach along with a dose of Dave Ramsey and Suzy Ormond. It is inspiring to hear the people on Dave Ramsey say I'm debt-free. Mossyoak

Short sale contingency

Mossyoak's picture

You would need a statement that the funds unsettlement on the loan. This short sale amount ie forgiven of $40,000 loan is considered income for the seller for IRS purposes. Mossyoak