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Updated over 4 years ago,
25 year old looking to invest in my first property
I have been looking to invest in Real Estate for a while now and I think I’m about ready to get my feet wet. I’m looking to buy a MFH, preferably a Duplex or Fourplex.
I'm from Seattle and currently living in San Diego, in which I think both markets may be a little out of my price range. I wanted to get some advice from other people who have started out buying a MFH for their first investment property, and what I should look for when purchasing my first deal.
- Is there any good market places that might be recommended to invest in remotely?
- Is it too complicated to invest in a market place that I don’t reside in?
- Should I use house-hacking as the best strategy to learn as I go?
- Is right now (due to the pandemic) not a good time to purchase property?