That is not a easy question to answer. It would depend on what you are hoping to accomplish. I think for first timers, house hacking is one of the easiest ways since it requires a very minimal amount of down and then renting per room. @Nicholas Sinclair what are your goals for REI?
That is not a easy question to answer. It would depend on what you are hoping to accomplish. I think for first timers, house hacking is one of the easiest ways since it requires a very minimal amount of down and then renting per room. @Nicholas Sinclair what are your goals for REI?
That is how I got started and typically a better way to get going. @Nicholas Sinclair What is your local area? Have you started to narrow down the type of property you are interested in?
Ive called people and briefly talked to them, but haven’t put a team together yet. Would that be a good place to start? Who do I all need on this real estate team?
You don’t need a team to buy a house. You need a good realtor that’s willing to make “lowball” offers. They will get you a good loan officer and set you up. From there it’s renting out your rooms properly and learning to be a landlord.
18 years ago, that is exactly how I started my journey. It's a long road, no reason to rush into failure. Enjoy the process "house hacking" is a very comfortable way to ease into this market.
@Scott Anderson is correct. For the first purchase if you are using a good agent they should be able to get you connect with all pieces. Leveraging an agent who has helped other clients do this or have done it themselves would be the best way to go