Brand new to Real Estate investment

Brand new to Real Estate investment

Member since 2019 · 2 posts · 0 votes

Good day to you all, trust you are all well and keeping safe and & healthy. Brand new to the real estate. Currently living in NYC and seeking a 3 family investment property. I dont wont to spend no more than 700K  for the 1st property and my plan is to rent out 2 units and live in the smallest one until I can build enough equity to purchase my next property. I am seeking advice on how to accomplish


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  • Flipper/Rehabber · Phoenix Arizona · Member since 2020 · 1k+ posts · 686 votes
    6y

    Get yourself a very good Real Estate Agent.

    Get to know some of the good contractors in town.

    Get your loan approval going.

    Just starters!

    Good luck

  • Member since 2019 · 2 posts · 0 votes
    6y

    Good Afternoon David and thank you. Loan pre approval is already completed,  will begin looking into local contractors.... 

    Is having an very agent a beneficial? I am working with a family member who is licensed but moves a bit too slow for me. I do a lot of the leg work myself - looking at potential properties most of the one I desire end up already being in contract or pending sale :(  

  • Flipper/Rehabber · Phoenix Arizona · Member since 2020 · 1k+ posts · 686 votes
    6y

    family is hard because they may move to slow!!!!

    Need an agent that is working full time so your interest is their interest.

    No offense to your family member

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