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Updated over 2 years ago,
Info/advice on my first deal. Looking to scale.
Hello all! I am a 23 year old male, and I am looking for advice or info on my first deal. I am under contract to buy a 2 bed 1 bath home that is move in ready. I am purchasing for $54,900, and the house appraised for $65,000. I obtained a 15 year loan that is amortized over 30. The house is in a quiet neighborhood in north Alabama (around the Oxford area). I am looking for ways to leverage this property to buy new ones, or ways to grow my real estate business. Any advice would be appreciated!