The first step...

[Tara Wasinger]

In the past two weeks I've read four books on real estate investing and don't want to fall into the "analysis paralysis" category. 

I have 150k equity in my home, zero student/credit card debt, and my credit score is exceptional, so I'm not worried about financing. 

With that being said, is my first step to reach out to real estate agents in my area to let them know I'm interested in buying a home, and to let me know right away if there are any bargains on the market? 

Any input/help will be greatly appreciated :)

THANK YOU!

[Carlos Valencia]

Hello Tara, 

First step is actually to speak with a lender and get pre approved and discuss your strategy for investing. What is it exactly that your trying to accomplish with your next investment property. Are you trying to buy it as an owner occupied? Non-owner occupied?  is cashflow important or are you looking for more appreciation overtime? Theres still many questions to ask. The best way to answer these questions is by getting pre approved and if possible with a lender who also works with many investors and invest as well as they will be the most knowledgeable when it comes to what loan programs may best fit your scenario. Once you figure out the loan product your using and how much you prequalify for then you can speak to a realtor to help you find a good deal. Hope this helps. 

@Albert Bui @Matthew Kwan