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Updated almost 9 years ago,
Hello
Hello to all and happy valentines day. As I have watched tons of videos on youtube from bigger pockets I finally decided to sign up, to feed my brain more knowledge. To start: My name is Giovanny, I am 27 years old and currently a correction officer. My hunger for real estate investment began when i sold my first house. At the age of 23 i bought my first house (half duplex). Very excited to buy this foreclosed home ($120k), for it was big enough for me and at the time pregnant gf. (1800 sqft- the house not my gf). The house did need a lot of work, luckily with the help of family we did all the work slow and steady. From: new kitchen, gutted bathrooms, new floors, my gf fell in love. The problem was my neighbor is a psycho. From slamming the door every time she came in and out the house to playing loud music 24/7. 3 years after buying we finally decided to sell the house. First open house we had 5 offers ( all our hard work in fixing the house paid off). About a year later we finally closed on the house for $229k (big profit). Now i sit here writing this post wanting to learn more and get help in buying a multifamily home.
Help!!! any help advice would do!!
I have done research but with experienced individuals here i would like different feedback.
I want to buy a multi family anywhere from 3+ units. Where should i start looking? have looked in realtor.com, loopnet.com. What other options are there?
For those who live in mass what areas should i look into for about $100-$200k?(have also looked in pawtucket ri)
What kind of financing can i get? is putting 20% down my only option?
That is all for now (more questions to come soon)
Enjoy your valentines!!