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Updated over 6 years ago,

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6
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0
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Chris Carpenter
  • Boston, MA
0
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6
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Starting out in REI with $25k

Chris Carpenter
  • Boston, MA
Posted
I have $25k to use toward my first multi family apartment building. I also have a VA loan to use that can get me $500k-700k with zero down at 2-3% interest. What are some steps that I can take early on to purchase my first building? -Should I have a real estate license? -Do I use an agent or broker to find a property? -How many doors should I start out with? -How much should I use on repairs? -What are the first couple steps in attaining a property? (What’s the first thing I should do, what’s the second thing I should do? 3rd, 4th, 5th?) -Do I use an attorney at some point in the process? -How long do I wait before buying another property? Also, if anyone knows any good mentors, I’m all ears.

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