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Updated almost 5 years ago on . Most recent reply

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12
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4
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Logan Harrell
4
Votes |
12
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Getting Started With The Rest of My Life

Logan Harrell
Posted

I am wanting to get into renting out small homes and duplex/multifamily units. I wish I had the money in had right now to where I could put down $50-100k on a property, but that just isn't the case. I do have a few thousand I could take to the bank for a mortgage on a property. I just want to know should I even consider this right now? Or should I wait a couple more years? Also, I am from Arkansas, where life isn't as expensive as many other states. 

Any tips are appreciated! Thanks in advance!

Most Popular Reply

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81
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62
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Judy Best
  • Investor
  • Little Rock, AR
62
Votes |
81
Posts
Judy Best
  • Investor
  • Little Rock, AR
Replied

Hi, Logan: Where in Arkansas are you located? A good way to get started in the business is with a house hack. Live in a house while you work on it. This especially works for a duplex or triplex. 

  • Judy Best
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