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Updated 8 months ago on . Most recent reply
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New Investor in Washington State
Hello Everyone,
I live in Snohomish County, WA, and I'm very excited to begin my journey in real estate investing. I currently have a full-time career as a senior engineer in the aerospace industry, but I've always been interested in real estate, and I view REI as a way to supplement my future retirement.
I’m interested in initially doing fix and flips to build up capital for buy and hold investments in multi-family properties, and I have about $200K in home equity that I can leverage to get started. Because prices are so high in Washington, I had been considering investing out-of-state, but after reading feedback from others in this forum I realize that the smartest approach when starting out is to invest closer to home.
Therefore, I would love to hear from other investors in Washington about where in the state it’s still possible to find deals. While I live in the greater Seattle area, I frequently travel all over the state, so I’m open to a wide range of areas.
Thank you, and looking forward to connecting!