All Forum Posts by: Account Closed

I have so many questions, I don’t know where to start.

-what’s best location that’s affordable for a first investment property? (I’m from/located in the East Bay)

-Financing and downpayment! Do I have to put down 20%? Is $50-75k a decent amount to put down on a house these days?

-how do you finance renovations for a fixer upper? If I use most of my money on downpayment where does the rest of the money come from? Additional loans?

Hi All,

I’m a studying CPA working for a tech company in San Francisco, California. I’m eager to get into the real estate investing industry, but feeling super discouraged with the high costs and insane competition here in California.

I’m highly open to going out into other states where there’s a growing market and opportunity to get my foot in the door, and actually see my money go into a good deal. Only problems and/or questions are:

1. Where do I start in all of this? I get it, research is key, but what’s after the research?

2. I’ve been saving and still shaking the feeling of going into a possible bad deal

3. Best areas and states for real estate investing

4. Best ways to find a mentor and/or investment groups to go in on deals with

5. I’m open to any and all additional advice and tips

Thanks in advance for all of your advice and inputs.

Best,

Adrianna