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All Forum Posts by: Dillon Hutsell

Dillon Hutsell has started 4 posts and replied 5 times.

Post: Taking the First Step

Dillon HutsellPosted
  • New to Real Estate
  • Independence, MO
  • Posts 6
  • Votes 4

Hi everyone, I’m from Independence Missouri, 22 years old and getting out of the military very soon. I’ve always wanted to get into the world of real estate, however i’ve never dipped one toe into buying and renting out homes. I think it’s because I don’t know where to start or even on how to buy one. Here is what i’ve gathered so far.

- Get a good interest loan while putting 20% down on a house

- live in it until you save another 20%

- rent it out and repeat

My question:

Can I even rent a place out and keep getting loans for the next house aka good debt? by doing that process?

I know there’s many methods but I think this is the simplest one. If I’m missing a step or clueless please let me know.

Post: How can I get a Floor Plan?

Dillon HutsellPosted
  • New to Real Estate
  • Independence, MO
  • Posts 6
  • Votes 4

Hi! Too young to get estate still, but curious if getting a floor plan would help so you can plan the design of the interior. How would I be able to get it online? And would it be worth putting some time into?

Post: Ways to Invest at 17

Dillon HutsellPosted
  • New to Real Estate
  • Independence, MO
  • Posts 6
  • Votes 4

@Marlen Weber Thank you! Good luck to your future endeavors!

Post: Ways to Invest at 17

Dillon HutsellPosted
  • New to Real Estate
  • Independence, MO
  • Posts 6
  • Votes 4

Currently underage and wanting to get started investing. I'll be 18 in 4 months. Is it possible to get started on buying stocks if so is anytime a good time to buy in. I dont have a lot to work with right now currently have more than 4000 available to me. I already have an emergency fund, roth ira and a 4 yr cd set up. Any ideas on what areas I could invest at 17 or would it be smarter to build up the cash I have till I turn 18.

Also, I plan to enlist in active duty while trying to get a bachelor's degree. I know I'll be able to do stocks but can I do real estate too? Any extra tips or suggestions would be great thanks!

Post: Allocating Cash for Downpayment

Dillon HutsellPosted
  • New to Real Estate
  • Independence, MO
  • Posts 6
  • Votes 4

I'm 17 and wanting to learn more about real estate. I'm currently saving as much money as I can for a downpayment. Where would I store my cash? Checking, Savings or any other?