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Updated about 5 years ago on . Most recent reply

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Luis Garcia
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Where to start in Real Estate Investing

Luis Garcia
Posted

Recently, I wanted to start to get into investing in real estate to eventually rent out to tenants.

I’ve done some research on buying a single family house and a multi family house along with some information on getting a loan.

However; I still don’t know the process or exactly what to do next from this point.

Any tips or help as to where I can start?

First time buying a house, any help would be appreciated.

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

@Luis Garcia there’s lots of info out there about investing in real estate. You need to decide which approach you would like to take whether it’s by and hold, flipping, house hacking etc. 

Once you have an idea of what you want to do you need to talk to some lenders to understand your options and requirements as a first time buyer There are some really great programs you can take advantage of to get started.

You should also seek out a realtor who specializes in first time home buyers and investors. A good realtor can help you a lot.

Also you can attend local real estate investor groups to learn the business as well.

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