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Updated almost 7 years ago on . Most recent reply

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Daniel Vasilyuk
  • Rental Property Investor
  • Vancouver, WA
3
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22
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I want to buy my first property @ the age of 21 and need advice!

Daniel Vasilyuk
  • Rental Property Investor
  • Vancouver, WA
Posted

I have been listening to biggerpockets since 2 years ago at the age of 19. I have probably listened to 85% of the podcasts throughout. I didnt want to invest right away because I wanted to make sure to save up a nest and build up my income with a stable job before jumping right into real estate investing. That being said, I have saved up over $55,000 living with my parents with roughly $20k of that invested in other assets. I make $50k/year and have roughly ~$35,000 to invest into real estate that I can get access to right away. My credit score is 766 and I am looking forward into possibly investing into a cashflowing duplex- triplex in the PORTLAND OREGON- SEATTLE WA Region. That being said, I am feel I am stuck with the question facing "Where do I start"? I dont know how to properly find deals. I also have to mention I will do all the rehab myself as soon as I get a property.  

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1,509
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Patrick Britton
  • Ann Arbor, MI
995
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1,509
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Patrick Britton
  • Ann Arbor, MI
Replied

@Daniel Vasilyuk 1.) contact a number of realtors.  2.) get your financing lined up and ready to go --> speak with a lender (or several).  

Once both a realtor and lender are sorted, you'll know exactly what is available and what you can afford.  The rest is easy.

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