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Updated almost 10 years ago, 01/21/2015
Hello from Seattle Washington
Hey everybody,
I've been lurking around the site for a while now and figured it's time I said hello.
My wife and I bought our first home (a fixer upper in Seattle) in 2013. We didn't really buy it with a plan, other than buying as low as we could and fixing it up over time. That's gone ok so far, but since then I've really wanted to get serious about investing.
I'd like to do something along the lines of the 20 year plan mentioned in, "The millionaire real estate investor", but do it with multifamily property's. I like the idea of multiple rents covering a single mortgage.
My first questions would be-
-What should my first steps be in order to get the ball rolling?
- Other than owner occupying, what is the best way to get around putting 20% down?
Any advice would be appreciated.
Thanks,
-Blake