I just closed on a house today.
But this particular house is a little bit different than my usual day-to-day closings because the client this time was ME!
This house is the first home I’ve ever purchased, which is exciting. But it’s even more exciting because it’s also my first live and flip project.
That’s right! I bought a house for myself, but more importantly, this home also kicks off a new series of content that’s coming to the Ralphie and Ryan Show that you will want to see whether you’re a buyer, realtor, or a seller. This series will benefit you.
The process of being on the other side of the deal was exciting and terrifying at the same time. I got to ride the rollercoaster of emotions that most buyers feel and I’m glad I did because it gave me a fresh perspective on being a realtor in the Chicagoland area.
One of my goals for this house is to make money so that I can achieve financial freedom. But I also told myself if I lose money that’s fine, if I make money that’s great, if I break even that’s fine too. It’s all about learning through experience and taking you along with me to show you what the process of a live and flip is like.
The goal of this series is to show our audience what it’s like:
- to get pre-approved
- make an offer
- negotiate
- and everything that goes in between
Buying this house in particular was an interesting experience. There were some days where I felt hopeless and I would go to sleep and wake up and say to myself “I’m not getting this home.”
The closing of this home was rescheduled three different times, my attorney even got COVID and could not attend the closing.
But through the hardship, I decided to document the whole process with video and photos of my actual documents to show you every single detail that’s involved in the process of buying a new home to flip. I am being fully transparent and holding nothing back.
The house needs extensive work, so we’re going to show you how we find contractors and painters as well as how we’re going to shop for appliances, along with all the other details a house needs to feel like home.
I bought this house, because not only am I learning, but I truly believe the best way to learn is just to get up and get it done and figure it out through experiencing the process.
If I make mistakes, I will learn from them and I want you to learn from my mistakes too. I want you to get comfortable and confident with purchasing real estate because it truly is the best investment, as Ralphie proved in this article.
Closing on a house is not possible without a great team. So I want to give a special thanks to:
Ralphie, my real estate agent
Jason, my lender
Arthur, my attorney
And most importantly, my grandmother for the gift that sealed the deal.
Thank you to my team and YOU for all the support with this new series.
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