Forum Replies Created

  • Murat Kekec

    Member
    July 3, 2023 at 4:15 pm in reply to: What would the younger you do differently?

    Learn more about any type of investment and start investing in each one.

    Surround yourself with people who are positive, and want to help others, make sure they have more investments than you.

    More networking.

    More education.

    Build your team.

  • Murat Kekec

    Member
    June 22, 2023 at 12:17 am in reply to: Risk and reward

    what is the risk? find out this first before making decisions. and ask yourself if that happens how your life will be.

  • Murat Kekec

    Member
    June 22, 2023 at 12:12 am in reply to: Strategy ideas

    1- purchase pre-con with assignment clause.

    You can purchase pre-construction from the builder and sell it before the completion date with a profit.

    make sure the builder allows assignment. If they do allow finding out cost of the assignment.

    Keep in my you may not be able to assign it to someone else therefore you are responsible for financing.

    2- lend your money. this is VERY RISKY if you have no experience. You can make 10-15% interest per year.

  • Murat Kekec

    Member
    June 22, 2023 at 12:04 am in reply to: Traditional Lending

    If you can qualify with traditional lending thats the best option. Because its much cheaper and have longer terms than alternative lenders . YET, its much harder to be QUALIFED with traditional lenders.

    Your income, credit score, down payment, assets , liabilities will determine whether you fit to traditional lenders or not.

  • Murat Kekec

    Member
    June 21, 2023 at 11:51 pm in reply to: Beginner – Real estate Investor

    When I purchased my first property from the builder. It made sense at the time. Because of easy deposit structures, location, and purchase price.

    if you don’t have too much savings pre-con can make sense.

    You know exactly how much it cost, the deposit structure, and the completion date.

    Some builders have had good incentives recently.

    I suggest register with the builders and check their prices.