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Updated about 1 year ago on . Most recent reply
Intro - Just starting out
Hi, my name is Zak Dolak, I am a beginner investor. Ireside in SE Pennsylvania and would like my first investment property to be local to the area. I have yet to make my first deal but very eager to get my feet wet. Any tips, leads are very appreciated! I have a lot of questions, mainly about financials because I’m in a pretty unique situation.
Thanks for reading, looking forward to learning more!
Most Popular Reply
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- Real Estate Agent
- Philadelphia, PA
- 921
- Votes |
- 1,369
- Posts
Hey Zak! What I recommend to all my first time investor clients is to start with house hacking.
House hacking is a great way to get your feet wet with REI and also getting your own roof over your head. 2 birds, 1 stone
The biggest benefit for newer investors that go the house hacking route is that they have the ability to put a minimum downpayment of 3.5% or 5% down depending on the loan program and also get access to the best rates since they are buying a primary residence
If you ever want to chat more about RE, I would be happy to do so. I started with househacking and worked my way up.
Reach out anytime!
- Alan Asriants
- [email protected]
- 267-767-0111
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