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Updated over 1 year ago,

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12
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2
Votes

19 y/o w/ a 9-5 job with little cash reserves recommended first step?

Michael Flanagan
Posted

I've been studying Real Estate Investing intensively for the past year, learning about different strategies and the benefits they offer. Now, I'm ready to take my first step towards getting a house or exploring wholesaling. It'll give me valuable experience and help me make some extra money to fund my first deal.

I've been going to meetups with real estate groups and recently started working on getting my real estate agent license to gain more knowledge. Regardless of the path I choose, I want my first deal to involve the BRRR method. After refinancing and getting cash from that deal, I can use it to fund future investments. Once I have enough savings, I'll try house hacking and continue investing using the BRRR strategy.

Unfortunately, my savings account isn't in great shape, and I don't have connections or lenders who are knowledgeable about real estate investing. Finding a mentor would be ideal, but I don't know where to start. I heard about forums, so I thought I'd give it a try and write this post at midnight. Any help or replies would be appreciated!

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