Updated almost 5 years ago on . Most recent reply
Looking for my first house-hack deal!
I am in an interesting situation. I am graduating from college this May and my lease ends around the end of this November. I have been analyzing a few deals around my area and driving for dollars regularly for repetition and knowledge of my market. I have been living with 5 other guys who I consider family, and a few of them are willing to help me with my real estate investing career by renting from me when I purchase my first property to house-hack (I understand some will not agree with renting to your friends, but I am not asking for advice in this area). Most importantly, I am looking for mentorship, referrals for deals, private lending options, and possibly property management options for the future. Thank you for any help!
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@Brett Bowers great to hear about your search for an investment property. Did you grow up in the Wake Forest area? If so I would recommend working all your friends and family connections and let folks know what your looking for. I’m an investor and live in Wake Forest and am also a real estate agent. The market is so hot right now that it’s very hard for a first time home buyer to get an on market deal. If it’s in good condition and area, most properties at drawing multiple cash offers at or above asking price. If there was any way for you to find an off market deal through a friend, famil member or acquaintance that would give you a big leg up. If you hustle and stay focused on your goal you’ll find something. I hope this helps.