All Forum Posts by: Renuka Lokare

Hi all, I am new to real estate investing. As a first investment which one of the options below would you go for:

1. Buy four 100k units over next 3 years

Pros: needs lower down payment, diverse, lower risk

2. Wait for 1.5-2 more years to build up down payment for a single 400k rental with multiple units

Pros: less closing costs, potentially higher cash flow

[Preferably I don't want to house hack / go all down to build up 80-100k down payment]

Also as a first time investor would you consider in state or out of state options?

@Account Closed will do. Thanks!

@Tony Ayala noted. Thank you!

@Ola Dantis I am a newbie actually. 🙂 I didn't see another role in BP that fits me as a potential investor. Thanks for sharing your thoughts! Will keep these points in mind.

@Chase Busick Thank you!

@Bryan Noth Noted. Thank you!

@Jacob Pereira thanks for the contacts!

@Jordan Moorhead thanks! Will keep that in mind..

@Wale Lawal thanks for your reply! I would love to connect to Rockstar Investor- Realtor. Any help will be great.

We are interested in buying an investment property with good rental income. Austin seems to be the next hotspot. If I want to buy a rental property in Austin where do I start? I currently live in Oregon.