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Updated about 4 years ago, 10/13/2020

User Stats

61
Posts
22
Votes
Linzey Ledesma
  • Real Estate Agent
  • Inland Empire
22
Votes |
61
Posts

Advice for an REI newbie

Linzey Ledesma
  • Real Estate Agent
  • Inland Empire
Posted

Hello BP Investors,

As a rookie I am seeking advice on what I should do or how to prepare to buy my first rental property. This will be my first ever property that I buy. Im interested in Multiunit Housing (duplex), I plan to live in one unit and rent out the other one. Other than saving for the down payment and reading books/listening to BP what else do you recommend I focus on?

Also, when is a goo time to start looking into lenders to know how much I would even qualify for?

Any advice is greatly appreciated!

Kindly,

Linzey

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