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Updated over 10 years ago,
Step by Step - Buying First Property
Ok, here's the deal. I've been spending hours and hours looking at single and multi family homes for the past week or so. I've been searching out of state, because New Jersey properties really just aren't an option for me right now. I've come across a lot of, what seem to me, like good deals. However, everytime I find one, I realize I don't know what to do next. I don't know how to make the move. And then I usually just move on and forget about it.
I have never purchased any piece of real estate in my life, and I just don't know how to do it. And the fact that I am looking out of state doesn't make it easier. I have no out of state connections in any of the markets I've looked at.
So, what do I do?!
I would like to be able to get there and see the property also before I make a deal. But will I be able to book a flight and get out to wherever the property is before someone else snatches it up?? I need to find a realtor, property manager? Get a home inspector? Do I form an LLC first??
Help! How do I buy a house?!