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Updated almost 6 years ago on . Most recent reply
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New with no clue where to start
Hello BP family. I am so happy to have found what looks to be like a great place to learn the ins and outs of real estate investing. I found this on YouTube yesterday (after a lot of filtering) and was impressed.
So I'm new to this. From Tampa, FL but currently in Woodbridge, VA for about 6 months then back to FL where I want to invest. I have a long term goal of income producing properties, but have no clue where to start for the short term and if I can start outside of FL while in VA.
Any thoughts?
Most Popular Reply
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Hi Alisa, you can absolutely start while you're in VA, as you can buy investment properties in whatever state you choose. I think the best thing to do in the beginning is to figure out your finances. Otherwise, you're just going shopping without your wallet. Figure out how you want to go about buying your investments. Are you financing, paying cash, types of loans, private lenders, etc. Do you need to get your credit better in order to finance something? Do you need to save more money so you have more cash available? Just some things to get you thinking.