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Updated over 5 years ago,
Guidance/help on my first deal
Good evening BP.
I am working on my first deal. I have a lender, agent, and CPA in place. I am working on speaking with a real estate attorney but I am not sure if it’s necessary at this point. I know it will be for sure in the future.
I am looking for SFH in Orlando to BRRRR. I am looking to buy late his year or early next year. I am most likely going to go with a homestyle loan along with some private funds. I have also been analyzing properties, but none of them have been worth my time. Here's what I'm not sure about: how to accurately analyze properties (ive read the BP post and I'm checking numbers against the stock market cash on cash return)
When to involve a real estate attorney
What areas in my city are “up and coming” and how to find out without relying on RE agent
Basically am I doing things correctly so far? How can I improve? Sorry for long post.
Thanks.