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Updated almost 9 years ago on . Most recent reply

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Sonya Light
  • Vernon Hills, IL
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When should I start looking for properties

Sonya Light
  • Vernon Hills, IL
Posted

I don't know how soon I should look for property  to buy, especially  since I won't have the money to put down until 5  months from now. Should I apply for the loan or wait till I have the money to put down, to buy the property? How long does the process take? Where should I go to apply  for the loan?

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Andrew Beaver
  • Malden, MA
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Andrew Beaver
  • Malden, MA
Replied

It's never too early to start understanding your market. Going to open houses, getting an understanding what houses are going for/condition/what kind of repairs would be needed is just as important as having the money ready. It'll help you be more informed when you do have the money so you're not just jumping at a "pretty" house. Start doing some deal analysis, 1-2 a day to start. Something that you'll do consistently

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