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Updated over 7 years ago on . Most recent reply

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Teyron Burden
  • Virginia Beach, VA
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first time EVERYTHING

Teyron Burden
  • Virginia Beach, VA
Posted
brand new to invest world i just recently turned 30 years old i currently work multiple jobs..i have a steady income and am currently getting my credit back into shape..what are some options for first time investments or flips..i was thinkinf of buying a property and renting it out pr flipping it just to get started i have been very indecisive..any suggestions would be helpful and thank you..i live in hampton roads area in Virginia Beach VA

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Stephanie P.
#4 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
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Stephanie P.
#4 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
Replied

@Teyron Burden

There are a few multi-unit properties in your area. Get a good, investor friendly Realtor, and buy multi-unit properties. Use FHA for their low down payment financing and live in one of the units while renting the other units out.

If you need referrals for a lender or a Realtor, don't hesitate to ask.  PM me.

Moderator, this is not a solicitation. US Commercial does not do FHA and we're not Realtors.

Teyron, welcome to Biggerpockets and the wonderful world of real estate investing.

Stephanie

  • Stephanie P.
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