Springfield Mo, wanna-be investor
Hey everyone!
My name is Gage and bigger pockets so far has had so many resources to help me in planning my real estate career. I am not yet a property owner but I hope to be very soon. I have a few questions before taking the plunge. I'm leaning toward a 203k loan, is that a good idea and can I only get that once being a first time home buyer and is this good for a multi family property? Is the 70% rule really applicable in the Springfield Mo area? Would a partnership be ideal if I were the one taking the 203k loan?
A lot of the people on here really think networking is a very helpful tool for investors. I am young and inexperienced however I'm very determined to succeed as a property owner. It would be awesome to get some contacts in the springfield Missouri area. I really want to try to follow Brandon Turners 7 year plan...
Thanks everyone!