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All Forum Posts by: Daniel Budnik

Daniel Budnik has started 1 posts and replied 1 times.

Starting Out

Post: Where/How do I start?

Daniel Budnik
Posted
  • Posts 1
  • Votes 1

Hi, I am 21 years old. I live in the greater Seattle area. I am currently living with my parents. I really want to get started in real estate. The average house in the Seattle area is ~750k. Obviously there are exceptions. 

Where do I start? I am currently saving as much as I can as well as taking on extra work. I would love to start with house hacking, as I feel that would be the only way I could afford paying the monthly mortgage. I was also considering maybe a duplex (but again it's sooo expensive). Should I find something that would need work? Maybe a live-in-Reno? I am an electrician, and I could do some of the construction part if things. 

Going back to how expensive everything is, what are my best options for financing? What is the minimum down payment I need?

All and any advice is appreciated!

1 Vote
Seattle, Washington