Updated over 12 years ago on . Most recent reply
Investment tips and advised needed
Hello,
I am new to this forum. I guess basic curiosity and the desire to learn from others inspired me to lock for a forum with the type of information needed to take this adventure.
I am not completely new to real estate investment, my parents have some rental properties. But after been on the side lines learning and getting older, age 25, I think I am ready to proclaim my independence and do my own thing.
I recently obtained my RE salesperson license with the intention of helping my parents grow their portfolio and purchasing my first property. Yet, I believe there is more to real estate investment than what I currently know.
I have 20% down, I have a credit score of 730 and a little backup money in cause of an emergency. I live at home with my parents, so I am looking for a rental.
I would like to purchase one property and save another 20% for another down payment.
Honestly, this is pretty much what I seen my parents do... But I believe there is more to this.
Any tips? advise?
I really appreciate you help.