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Updated over 11 years ago,
Newbie from Texas, first property under contract
Call me WesNewbie,
I just got a contract on a fixer upper, I am really excited and planning to hold this one for a while. I know a lot of people say to move on to multi family after they have a few properties but Im pretty sold on a section 8 portfolio. I hope to get to 20-30 units whilel financing as little as possible.
my first property can be cash @ 19k, any tips or advice out there?
I am thinking of getting a secure loan on 10k and use that for repairs.
so many things are up in the air, but im excited.
thanks alot