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Updated almost 3 years ago on . Most recent reply

User Stats

265
Posts
41
Votes
Edwin De leon
  • Investor
  • bronx, NY
41
Votes |
265
Posts

What's Your Top Tip - Veteran Newbie 2-3 Family Investor

Edwin De leon
  • Investor
  • bronx, NY
Posted

Wish to invest in my 1st multifamily, and goals are:

1) to use my va loan as a veteran to purchase my 1st multifamily rental property

2) Plan to buy 1st property for rental income and equity appreciation, then purchase 2nd property a year later 

3) To figure out if I should start with  properties in not so good areas of Pennsylvania like allentown , Connecticut like bridgeport, hartford, waterbury and if I do what should i be looking into before I buy anything   

4) Minimize and avoid top mistakes newbie multifamily investors make 

5) make list of questions I should be asking before purchasing anything 

Most Popular Reply

User Stats

1,413
Posts
714
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Jay Thomas
  • Real Estate Agent
714
Votes |
1,413
Posts
Jay Thomas
  • Real Estate Agent
Replied

Make sure you do your research and ask questions when needed. Don’t be afraid of taking risks, but also make sure you understand the risks involved in any investment decision. Investing in real estate isn't a get-rich-quick scheme; it takes hard work and dedication to see success. Keep up the great work and have fun! 

Happy investing!

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