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Updated about 8 years ago, 10/16/2016
New Member From Virginia
Hello Everyone,
I recently graduated from college (2015) and have been working as a credit analyst at a community bank for the past year. I am interested in getting started in real estate investing, specifically single and multi-family properties so that I can receive passive rental income. I have done a lot of research and developed a business plan as well as a property analysis spreadsheet.
I would appreciate any tips on how to go ahead and take the leap and buy my first rental. I'm not sure traditional financing would work as I am already highly leveraged having just bought my personal residence and I do not have two years of tax returns to be analyzed by the bank.
Thanks for your help!