All Forum Posts by: Brett Francoeur

@Doug Pretorius Okay, I am confused on what you are explaining to me. I'm unsure on what the strategy is... are you saying I sign a lease to a multifamily building? How would my tenants "buy the place" for me? Many thanks!

@Doug Pretorius I will look into lease options. Wouldn't the interest rates be quite high with a lease requiring such a low down payment though?

Could you please explain “room strategy”? I am unfamiliar with that. Thanks

Hello BP, I am a 20 year old student based out of the Seattle area. I am very interested in getting my foot in the door with real estate investing. I am working full time and saving frugally. I have several thousand dollars saved (and counting). I have low expenses as I am living with parents. I am interested in House Hacking, or buying a "fixer upper" home and getting it rent ready. I have quite a bit of experience in construction so I could probably do a lot of the renovation work myself. Anyways, my main problem is the Seattle area is so darn expensive! I am looking at the surrounding areas too but wouldn't know the best area. Any recommendations? Thanks!