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Updated over 4 years ago on . Most recent reply

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41
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6
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Damien Papillo
  • Rental Property Investor
  • Newark, DE
6
Votes |
41
Posts

how to get my first property?

Damien Papillo
  • Rental Property Investor
  • Newark, DE
Posted

i have been working with 3 real estate agents and none have really seem to be a big help. Or maybe im confused on how its suppose to work. To my understanding the agent is suppose to be constantly sending you emails of houses that fit your criteria. I have yet to receive anything from the two agents i personally know.They seem more interested in selling houses that are already completed " rehabbed". To add on to that, I met with another realtor from zillow who seems to be hard to read. He has rental properties and seems to only let the properties that he is not interested in become available which end up not fitting my criteria for the BRRR strategy. I have a nice lump sum of cash saved and an untouched activated (HELOC) for any additional reasons. My credit is good and a few months ago I was pre approved. With all that being said is there anyone who can provide me with sound advice from my stand point? Thanks in advanced.

Most Popular Reply

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1,135
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1,194
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CJ M.
  • Rental Property Investor
  • Canton, OH
1,194
Votes |
1,135
Posts
CJ M.
  • Rental Property Investor
  • Canton, OH
Replied

@Damien Papillo

Who says you need a realtor to find a deal. If you see something on the MLS, just reach out to the seller's agent directly and negotiate. Additionally, you can go to forclosure/tax auctions, or join your local REIA and network with wholesalers who can start sending you deals. Craiglist also has FSBO properties.

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