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Updated about 6 years ago on . Most recent reply

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New To REI! Looking for Advice!

Tyrie Johnson JR
Posted

Hi! 

I'm a 24 young old young man new to this world of Real Estate investing. I'll be honest this whole process is extremely scary to me. My current situation is:

-I live with my aunt saving money so i pay small living expenses.

-I pay a $456/Month Car note & $55 phone bill 

Besides that i have no other expenses. I'm interested in starting in small multi family properties (2-4) units and house hacking so I can not only get into my own place, but also experience real estate investing in the FULLEST. I completely lost on where to start. I reached out to an agent and she has sent me a couple of properties that i've looked at but besides working with her I don't have a team behind me . Where should i start? My credit is pretty bad ( Trans 570 , Equifax 592) but im working on building it back up. What direction should I start in to get going in the best way to get into my FIRST investment property?? 

Thank you for ANY feedback you can provide! 

Tyrie

Most Popular Reply

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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
9,407
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6,023
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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
Replied
@Tyrie Johnson JR FIRST ,Why is your credit so poor ?

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