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Updated almost 5 years ago, 01/21/2020
Chattanooga, TN First Time Investor
Hello,
I am wanting to get started in real estate investing, have been for awhile. However, my market in Chicago is a bit crazy at the moment. Also, CHI just recently decided to get rid of the 5% down program which is crucial with the prices here. I have recently been looking in the Chattanooga market as I am originally (born and raised) from Knoxville, TN. I also have family and friends that live in the Chatt area. Was just recently in Chatt and was very impressed with the city. I am somewhat (not very) familiar with the area but do realize that Chatt is growing. Looking to make connections and build a team to hopefully jump in and hit the ground running.
I am looking for SFH or MFH to buy and hold for cash flow while scaling in the coming years. I would obviously need help managing the properties as I would still be in CHI. Browsing on Redfin it seems like there are options but once again, not familiar with the areas, schooling, etc. Just have hesitation while being removed from the market with minimal information.
Any help would be appreciated. The more connections the better!