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Updated over 1 year ago,
What is the best way for me to start in real estate investing?
I have about 100k in savings. I currently live in Austin, TX, but I may move to Florida in one year.
Ideally, I would like to have 10% cash flow on each property and the potential for long-term appreciation.
A real estate investor in a video I watched recommended to buy the first house with an FHA loan, and then use the home equity to take out a loan on another house after two years, and then repeat the process over and over. Do you think this is a good method?
Should I seek to invest in Texas, Florida, or should I invest somewhere far away?
What would you recommend for me to get started?