I know I am... I've stashed enough money and been working on everything in the back end to be able to purchase my first property this year before my 25th birthday. Now I want to learn all there is to making my first deal. What books to read, resources, people, anything to help me go into this first deal with some insight as to what I'm doing.
My goal is to start through house hacking once my leads ends.
Rental Property Investor · St. Louis, MO · Member since 2014 · 741 posts · 424 votes
4y
@Kefrene Zakpa Start searching for a lender. There are lenders who lend to property investors and offer low down payments for owner occupied properties. Choose an area where people want to live - like yourself - so that you will have a pool of tenants to keep your place full. I bought a 4 unit property and live in one unit. My tenants/neighbors pay rent and it is enough for to pay the mortgage, taxes and insurance, plus a wee bit that I set aside for repairs. Another model is to take the master lease of a single family and find roommates for each of the bedrooms, signing a lease with each person. You choose.