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Updated over 8 years ago,
I am a newbie, looking for great help.
Hello everyone, I am brand spanking new to real estate investing. I have a decent job. I have a 401k, but I was uniformed that I should open up a Roth IRA. FYI,I am an independent contractor. So, please give any advice on that matter as well. Below are some questions I would like answers to:
1. What kind of Ira should I open up & what are the best companies to work with?
2.I'm not sure if I should try to flip a house first, or hold, buy a multi family property or single family, commercial or residential, etc.?
3. Should I buy my first property with my own money, get investors, or get loans/financing?
4. Would it be more beneficial for me to start an LLC or should just buy a house in my name?
Thanks in advance