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Updated over 1 year ago on . Most recent reply

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Bryson Elder
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New investor from Ohio

Bryson Elder
Posted

hi, my names Bryson I’m 21 and looking to expand my business portfolio focusing mainly on the real estate and rental market though I’m new to the game. Currently I like the idea of brrrr, but the idea of loans and debt still scare me though I’m not in a position to cover costs entirely on my own. I know debt isn’t necessarily bad as long as you’re making enough from the investment to cover payments. I’d love to hear from people that have had skin in the game for a while. Any advice for a newbie is welcomed.

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Min Zhang
  • Real Estate Agent
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Min Zhang
  • Real Estate Agent
Replied

Hey Bryson! Welcome to BiggerPockets! If you are going to invest locally I would recommend house hacking. That is what I did here in Columbus, Ohio when I started investing in 2020.

Here is an article with more information on what a house hack is - https://www.rocketmortgage.com/learn/house-hacking

Let me know if you need assistance!

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