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Updated 4 months ago on . Most recent reply

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General Real Estate Investing

New to real estate with 70 K to start. Suggestions?

Christin Dorfling
Posted

Im North of Phoenix South of Flagstaff. Do I need to choose a location close to home or farther away? Do I wait to get more cash? Go with auctions? I have preaproval for a 250K loan now. Houses are mostly at least 450K in the area.

Thanks for any insight!

Christin 

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#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Christin Dorfling can you start with a house hack?

i would not start with an auction.  i would also not start far away / OOS.

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