I'm still at the beginning of my real estate investing career, I have been researching and looking for deals in my area. I have had some properties catch my attention and I need to make the first step. If I am set on a property, what should be the first thing I do to start the process?
Reach out to a few lenders in your area and look for what kind of programs they offer. Depending on the lender, they will tell you what you qualify for, while also putting you in touch with other skilled professionals in the area.
Like any Biggerpockets book, podcast, article would say, is to analyze the deal and make sure the numbers make sure. Depending on what you are going to do with the property you have your eye on, if its a buy and hold, flip, brrrr, etc. I would use Biggerpockets calculators and plug in the numbers to ensure you have potential deal or not. I hope this helps you out!
I agree with @Jorge Duarte and would add to it saying that you shouldn’t always make an offer that make the numbers work. The worst thing that can possibly happen is they say no and you learn something.
I appreciate the advice, thank you!
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