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Updated over 3 years ago on . Most recent reply
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Dayton, OH Area First Time Homebuyer / Investment Property
Hello to all,
For a little background, I am an 18 year old college student from the Dayton, Ohio area and I am strongly considering going back to my hometown, enrolling in community college, and pursuing my real estate goals. I live in Troy, Ohio just 30 minutes north of Dayton. With that being said, I have a few questions about first time investment properties. I do not have much experience at all with home buying so any advice would be great! I am looking into buying a house that can be owner occupied while renting out other parts (ADU, duplex/tri).
My first question is what to look for when analyzing a deal? How should I properly negotiate a deal and know a good price of a house?
My second question is what type of lending would you suggest? Are there specific programs that cater to this type of property/investment strategy? and anything else I should need to know?
Again, any advice or answers would be amazing and I want to thank you in advance!!!