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Updated almost 7 years ago on . Most recent reply

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22
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11
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Anthony Del Russo
  • New to Real Estate
  • Philadelphia, PA
11
Votes |
22
Posts

Best way to be proactive while saving for first purchase?

Anthony Del Russo
  • New to Real Estate
  • Philadelphia, PA
Posted

Hi All,

I am currently saving for my first down payment for a House hack in Philadelphia. I anticipate being able to purchase a multifamily property in March of 2019. In the meantime, I was wondering what advice is out there to do in the meantime to allow myself to be best prepared.

Currently, I spend most of my time reading literature and educating myself on Real estate investing. I have read:

The book on Rental Property Investing

The book on Investing in Real Estate with No (or Low) money down

The unofficial guide to real estate investing

I am planning to continue this education and go through a book every week or 2.

Beyond that I am trying to connect with Local Real Estate agents as well as beginning to analyze deals daily for practice. As I said, I am wondering what other steps I could take to continue to be proactive. I am yet to start reaching out to lenders/mortgage brokers as I feel I am still to far out.

Does the BP community have any advise/expertise to offer as I go through the first stages of this journey?!

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