Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
What to do in the 6-8 months before purchasing a home
Hi everyone! First time using the forums :)
I'm a 25-year-old software engineer looking to leverage the power that real estate and more specifically, house hacking, provides. I want to absorb as much knowledge as I can before I jump into the world of real estate investing.
Would love to get people's opinions on what the best use of my time would be in the next 6-8 months before I attempt to buy a duplex. I've read a few real estate books (including BRRRR), I keep up with the market, and I've been doing research into multifamily homes in my target market, but I'm a bit unsure of where to go from here. Does it make sense to be getting preapproved for loans this far out? Should I be running numbers on potential deals in my target area as practice?
For various reasons, I won't be able to buy until spring 2024 and I want to be as prepared as possible.
Thanks in advance!