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Updated over 5 years ago on . Most recent reply

Andrew Imani's profile image
Andrew Imani's profile image
Andrew Imani
  • Lender
  • from Santa Barbara, CA
  • Member since Aug 6, 2019
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Andrew Imani's profile image
Andrew Imani's profile image
Andrew Imani
  • Lender
  • from Santa Barbara, CA
  • Member since Aug 6, 2019
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Andrew Imani
  • Lender
  • Santa Barbara, CA
1
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8
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Starting Out

What is the best type of deal for a newcomer to RE investing?

Andrew Imani
  • Lender
  • Santa Barbara, CA
Posted

I’m 24 years old, and work in property management while holding a salesperson license. But I want to start investing now. If any of you could start over what would be the best way to start investing in real estate?

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Daniella Sanchez's profile image
Daniella Sanchez's profile image
Daniella Sanchez
  • Real Estate Broker
  • from Melrose Park
  • Member since Aug 18, 2015
  • Posts 68
  • Votes 44
  • Experience 7 Yrs
  • Investments 1
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Daniella Sanchez's profile image
Daniella Sanchez's profile image
Daniella Sanchez
  • Real Estate Broker
  • from Melrose Park
  • Member since Aug 18, 2015
  • Posts 68
  • Votes 44
  • Experience 7 Yrs
  • Investments 1
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Daniella Sanchez
  • Real Estate Broker
  • Melrose Park
44
Votes |
68
Posts
Daniella Sanchez
  • Real Estate Broker
  • Melrose Park
Replied

Get yourself approved for a single family home or 2 flat and make your first purchase. Keep your full time job so you can keep your income coming in. Resell the single family after rehabbing (if it was a fixer upper) or rent it out. As for the 2 flat, live in one and rent out the other or rent out both and cover that mortgage. 

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