First Real Estate Investment - Virginia

[Arvind Prasad]

Hi ,

I'm looking for some advice to help me get started in real estate investing. 

I am a 30 year completed my grad school and just landed a good paying stable job and interested in making my first real estate investment . I can save around 20-25k in the next 5 months and in this time i am planning to acquire the knowledge possible for future investment. Please recommend the rental model I can opt, resources to learn. 

Currently I am living in the northern VA , please suggest if the current residence area is suited .

[Hamp Lee III]

You can either purchase a viable multifamily property or single family residence. If you purchase a single family, you may not want to rent rooms out, so you can wait a year or so, move out, and rent out the home.

Not everyone wants roommates…

Stick with something simple. Owner-occupied provides some of the best programs.

I wish you all the best.