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Updated over 4 years ago on . Most recent reply
25yr old looking to get into real estate/first buy. Suggestions
Hey! I am looking to get into real estate in the Toledo Ohio area. This will be my first buy ever and I’m thinking of getting a duplex. What is you best advice for someone young starting out in real estate? This can include research, who to work with, skills, where to learn from, what to do on your own/what not to do on your own, etc. Thanks for your help in advance!
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#2 Multi-Family and Apartment Investing Contributor
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- Columbus, OH
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#2 Multi-Family and Apartment Investing Contributor
- Real Estate Agent
- Columbus, OH
Originally posted by @Shane Baldesari:
Hey! I am looking to get into real estate in the Toledo Ohio area. This will be my first buy ever and I’m thinking of getting a duplex. What is you best advice for someone young starting out in real estate? This can include research, who to work with, skills, where to learn from, what to do on your own/what not to do on your own, etc. Thanks for your help in advance!
Try to get hooked up with a depository institutes CRA (Community Reinvestment Act) loan program on a 2-4 unit. Typically this is a conventional mortgage with as low as 3% down. This is what I did for my first purchase (a double) here in Columbus, Ohio. Then do an FHA loan program after that
- Remington Lyman
