So I'm sure this question has been asked 1,000 times on this forum but this is new to me so I need to ask again. My name is Asha, I'm 24 yrs old, I'm a licensed real estate, and I am looking to start investing in real estate. As a licensed agent you may be thinking that I should already know how to do this but I was completing my undergrad when I got my license and wasn't able to get much experience. With that being said, I am looking to make real estate investing my primary career and I was wondering if anyone would be interested in assisting me with getting started. I am looking to start off small and get a nice house maybe with a small mortgage and rent it out. Any tips on buying methods? (I.e. investors vs. me putting up the money)...any info will help.
Thanks in advance!
the way to get started is to get an ugly house and make it nice.
get a hold of all investors from SE michigan... there are a ton on BP
A great way to get started is with small multifamily properties where you live in one of the units. You can do an Fha loan at 3.5% down and low interest rate. Then move out after a year and look for the next property. It definitely helps ease you into understanding the property management business.
That's how I got started!
So Joe what area did you buy your first multi family in?
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