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Updated almost 6 years ago,

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Not sure where to start

Posted

Started looking for my first rental property after watching BP webinar. Have used some tools on BP. Not really sure how to proceed. Lot of different ideas on BP. maybe too much information for me. I was looking to at first

1. Buy a condo and rent out and use equity and rental income. I cannot buy cash and need mortgage. Can do down payment.

With this got stuck on mortgage pre approval.

2. Looking for multi family with some rehab. But tough to find leads. 

3. Started looking for unlisted old properties in the area. Not got of the ground.

Guidance from pros appreciated what's the best first step.

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