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 10 years ago,
100% committed to REI, advice on starting
Hello, I'm in my mid-twenties and am starting in real estate investing. I realize that I have time to my advantage right now and want to utilize this time as much as possible because we all know we don't get time back. I understand there are a lot of different ways to make money in real estate but I am most interested in buy-and-hold to build net worth. I would like to buy my first rental property in the San Antonio or Austin market as soon as I have found the right property and have 20%.
I am trying to save up money for 20% down right now. Have you ever gotten into a buy-and-hold property with less than 20% down? If so, how did you negotiate such a transaction?
Any advice/suggestions on what to do and not do when getting started on buy-and-hold investing would be greatly appreciated! I am motivated and determined to make this venture a success. Thanks!