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Updated over 6 years ago on . Most recent reply

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Alex Salas
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Where to start on real state investment.

Alex Salas
Posted
Hi. I’m new on this forum. I would like to start buying houses or properties with little money down, but I don’t know where to start or what exactly look for. I lIve In a small town and my optIons are very limIted. I have no experience whatsoever and I will appreciate it if someone helps me to get in the right direction. Thanks in advance

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Daniel Silfer
  • Real Estate Agent
  • Williamsville, NY
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Daniel Silfer
  • Real Estate Agent
  • Williamsville, NY
Replied

@Alex Salas You could also start looking at the inventory currently available in your area. Before you develop a strategy it would be good to look at what your market is doing. I agree with @Mike Dorneman also, reading as much as you can is a big help. And also look into first time buyer programs that offer down payment assistance and other low money down programs in your area. That way you can start to position yourself (credit score, money saved for down payment, strategy) for when you find the deal you are looking for.

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