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Updated over 6 years ago on . Most recent reply
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Best way to be proactive while saving for first purchase?
Hi All,
I am currently saving for my first down payment for a House hack in Philadelphia. I anticipate being able to purchase a multifamily property in March of 2019. In the meantime, I was wondering what advice is out there to do in the meantime to allow myself to be best prepared.
Currently, I spend most of my time reading literature and educating myself on Real estate investing. I have read:
The book on Rental Property Investing
The book on Investing in Real Estate with No (or Low) money down
The unofficial guide to real estate investing
I am planning to continue this education and go through a book every week or 2.
Beyond that I am trying to connect with Local Real Estate agents as well as beginning to analyze deals daily for practice. As I said, I am wondering what other steps I could take to continue to be proactive. I am yet to start reaching out to lenders/mortgage brokers as I feel I am still to far out.
Does the BP community have any advise/expertise to offer as I go through the first stages of this journey?!