Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
First Deal? What to expect...
I am new to the REI world as I am trying to lock down my first deal with a business partner. We are currently looking in the Lehigh Valley area with a focus on Multi-Family homes that will cashflow day 1 and not come with too many headaches. We have been analyzing deals in the market for several weeks, but have yet to find a property that truly fits our acquisition criteria. We are in this for the long haul and will continue to do our due diligence on properties until we find the right one. As they say, nothing good comes easy!
With that being said, I am curious to see how long it took others to close their first property?
How many deals did you analyze to get to close your first property?
How many offers did you put in to finally close on deal #1?
Curious to hear others experiences as we continue the journey on our end :)