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Updated about 5 years ago on . Most recent reply
How to purchase first real estate/multi-unit property.
I am a young entrepreneur. I own a small credit repair company from my home office, I opened a barbershop recently (🙄) and I am trying to think of another/better way to earn cash flow, become an actual owner, and start building and elevating. I have wanted to own property and multi-unit buildings since I was 25, but I never did it. 2020 I am ready to start! Can someone please help me on moving up. how do I start?
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Originally posted by @Meon Diamond:
I am a young entrepreneur. I own a small credit repair company from my home office, I opened a barbershop recently (🙄) and I am trying to think of another/better way to earn cash flow, become an actual owner, and start building and elevating. I have wanted to own property and multi-unit buildings since I was 25, but I never did it. 2020 I am ready to start! Can someone please help me on moving up. how do I start?
You should buy an owner occupied mixed use building. Put your Barbershop on the ground floor and live above. Since you'll live there it'll be much easier to get financed from your bank.