**ATTENTION! Why Not Buy Your First Investment Property..How I did it.. Back in 2006 I got my first start at leasing apartments.. earning a commission on each rental and salary. I stayed in the business long enough to learn the game.. sooo in 2010 I:
Step 1: Went to real estate conferences where I lived in Philadelphia. While there, I was able to build my network.
Step 2: I joined a real estate investment club in Philadelphia. More network building! There I learned and met a lot of big time investors, loan officers and young landlords.
Step 3: I began searching for my own investment properties on Zillow, homepath.com, realtor.com, and trulia.
Step 4: Some Wednesdays I went to sheriff sales in Philadelphia just to listen to how the “big boys” bid on tax lien properties. More networking.
Step 5: I found a duplex in the “hood.” Then found a realtor. At closing, as a first-time home-buyer I put down 2,367. The seller paid sellers assistance. I then purchased a duplex in no time.
**First time home-buyers can put as little as 3% or 3.5% down on their first investment property.
**Tip: Use your escrow as a down payment to purchase another investment property.
**Gain lots of mentors buy networking. Stay professional and likable. 😘
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