Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

9
Posts
1
Votes
Davey Davanoski
  • Berlin
1
Votes |
9
Posts

I have so many questions

Davey Davanoski
  • Berlin
Posted

I hope i won't get flagged as a spammer for asking so many questions. Instead of opening new decisions for everything i want to know, i decide to get this questions in same thread.

I have been thinking and planning to invest in single family homes for some time, couple of months. I decide to invest in single families, because it kinda easy for me to start of as a newbie in real estate investment, before that i was very interest in  multi family  units, because can get very good cash flow and higher, as far as i understand. 

I have been working full time for 6 years and i earn very good salary and every 6 months, i get constantly new offer for higher salary. 

i want to invest 150K euros, it might be small, but this is what i have at the moment. Half of my salary and other is from a apartment, that my parents sold it and split the money with me.

I have an eye of couple of properties in my area. I would like to know what steps should i take before investment.

Should i contact the firm selling this property letting them know that i am interest in? And what should i expect?

When to approach bank for getting investment mortgage? Before or after contacting  that firm?

What steps should i expect to get this property before someone else:?

What is the process of getting mortgage and making the down payment?

Do i need LLC before i get this property in my possession or after ?

How to setup a bank account that the tenant will pay online, so that money should be used for the mortgage, expenses and ect?

I would really need some guide for steps i need to do or to expect when approaching a investment property and closing it down.

Loading replies...