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Updated almost 6 years ago,
Preparing to be a real estate investor.
Hello Bigger Pockets community! My name is Roberto Diaz and I’m very eager to begin investing in real estate. This year I’m working on paying off all debt and saving $1,000 a month, as well as read as much as possible about the subject.
My question is, if you were in my shoes what would you do? Our current income is about 100k a year, and we already have our first deal lined up. My parents are willing to sell us their house about 100k under its value. Where would you go from there? I’m really interested in doing Multifamliy and would like to start with a fourplex if possible after the house.
Thanks I’m advance!
Edit: I should also mention I live in PNW here in Washington state where prices are, well, high. I was looking into other Markets like Michigan, Montana, Or Indiana.