Updated about 8 years ago on . Most recent reply
How does someone exactly start investing in real estate?
What are the exact steps in investing in real estate for an 18 year old who lives in Dallas, Texas and has only 5,000 to invest in?
Most Popular Reply
I start investing real estate by renting a house to a family. Since then, more and more...
If I could go back to many years ago, and if my age is young like you, I would go through these steps:
1. Find a stable W-2 jobs, save as much money as I can.
2. After having 2 years of W-2 job history, purchase a 4-plex using FHA loan with 3.5% down payment. You live in one of the units, and rent out the other 3 units.