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Updated almost 10 years ago on . Most recent reply

User Stats

20
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0
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Steve Edwards
  • Windsor, CT
0
Votes |
20
Posts

Some investment guidance for a beginner

Steve Edwards
  • Windsor, CT
Posted

Hello everyone. Im looking to get into real estate investment this year and wanted others advice. 

1. Which would be the better start, flipping or rental prop? I dont have handyman experience.

2. Ive read that, due to debt ratios, that its difficult to purchase many investment props cuz banks get nervous. Any way around that?

3. Any best places to buy rentals you guys would suggest? Im in the New England area and the big cities are far too expensive for me to start with.

4. Any books on tips or tricks you guys would recommend? I believe real estate investment is awesome and wish i learned of it sooner. But i know there are lots of advantages not everyone knows about, like first time homebuyer programs, fha loans etc that allow less money down etc. Stuff that maybe isnt common known or generally understood.

Thanks a ton for any help!

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