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Updated over 11 years ago, 05/05/2013

User Stats

4
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0
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Pete Amador
  • Victoria, TX
0
Votes |
4
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New to investing

Pete Amador
  • Victoria, TX
Posted

Hello everyone my name is Pete Amador. I currently reside in Austin, Texas. I am a Peace Officer and a military veteran. I recently paid off my new home first finance for 30 years, then 15 and finally paid in 12 1/2 years. I've been anxious for years to delve into the real estate business. Now with my house paid off I feel I'm able to. This is my current situation any wisdom and experience will be greatly appreciated. I have been per-approved through Supreme Lending. I'm interested in buying a duplex and living in one unit while renting the other. I am going VA although feel like I'm getting cold feet. The unit is appraised at $108,490 through the appraisal district, but the asking price is $117,500. It's been on the market for 293 days and appears to have potential. What would be the next step. What should I look for and not miss or forget to do?

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