Aspiring real estate investors need to understand one thing: buying your first investment property doesn’t happen overnight. There are several important steps to consider before committing to the right purchase.
Every beginner rehabber knows that the difference between profit and loss can often come at the margins of a deal, in the ability to cut rehab costs. Which begs the question: what DIY skills can a first time investor bring to the table to reduce those construction costs and put more money in their pocket?
Learning how to buy your first investment property can be a very exciting time for any real estate investor, but what steps are required for you to purchase your first investment property? What real estate investing basics should you have under your belt before buying your first investment property?