Updated about 17 hours ago on . Most recent reply
Beginner investor in the Tacoma/Seattle area
Hello my name is James and I live in the Seattle/Tacoma area. I have a lucky enough to have a good amount of leftover income and I am interested in putting it to use in real estate rather than putting it all in a retirement account. I am mostly interested in getting started with a house hack (preferably more than 1 door, like a duplex, triplex, or four-plex) then either migrating to another house hack and keep repeating or explore simply buying long term rentals. Western WA has an expensive market so I am looking for agents, lenders, attorneys, and CPA's that can help me get started. I have my personal emergency funds saved up and now all I am doing is saving up for my first down payment.
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Hey @James Jordan, I’d say start with a house hack so rent helps with your mortgage, get your team, lender, agent, CPA, and attorney in place early, and focus on deals that actually make sense before growing your portfolio.