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Updated over 1 year ago on . Most recent reply

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Zak Dolak
  • 19504
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3
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Intro - Just starting out

Zak Dolak
  • 19504
Posted

Hi, my name is Zak Dolak, I am a beginner investor. Ireside in SE Pennsylvania and would like my first investment property to be local to the area. I have yet to make my first deal but very eager to get my feet wet. Any tips, leads are very appreciated! I have a lot of questions, mainly about financials because I’m in a pretty unique situation. 
Thanks for reading, looking forward to learning more!

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Alan Asriants
#5 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • Philadelphia, PA
1,045
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Alan Asriants
#5 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • Philadelphia, PA
Replied

Hey Zak! What I recommend to all my first time investor clients is to start with house hacking.

House hacking is a great way to get your feet wet with REI and also getting your own roof over your head. 2 birds, 1 stone

The biggest benefit for newer investors that go the house hacking route is that they have the ability to put a minimum downpayment of 3.5% or 5% down depending on the loan program and also get access to the best rates since they are buying a primary residence

If you ever want to chat more about RE, I would be happy to do so. I started with househacking and worked my way up. 

Reach out anytime!

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Alan Asriants - New Century Real Estate
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