NEW BUYER SEEKING ADVICE

[Ryan Howard]

I am very new to real estate, as I only have a few months of education into this, but have been reading a lot and speaking with others who have rental properties. I am still learning more about Short term rentals, and preparing to go that route for as my real estate strategy. I am also interested in the BRRR technique, as I am starting to learn about that as well.

I am looking to purchase my first home using a conventional 5% down from the bank, and then moving and turning it into a rental property, and then hopefully doing that one more time if all works out well for me. I have spoken with my mortgage lender, and he says that this is something we can do with still being able to get 2 conventional loans, and having two primary residences. 

Am I going at this the right way? What advice suggestions do you have that can help me build my real estate going this route? Is this the route to go or would you suggest another way first starting out?

Thanks

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I am very new to real estate, as I only have a few months of education into this, but have been reading a lot and speaking with others who have rental properties. I am still learning more about Short term rentals, and preparing to go that route for as my real estate strategy. I am also interested in the BRRR technique, as I am starting to learn about that as well.

I am looking to purchase my first home using a conventional 5% down from the bank, and then moving and turning it into a rental property, and then hopefully doing that one more time if all works out well for me. I have spoken with my mortgage lender, and he says that this is something we can do with still being able to get 2 conventional loans, and having two primary residences.

Am I going at this the right way? What advice suggestions do you have that can help me build my real estate going this route? Is this the route to go or would you suggest another way first starting out?

Thanks