Aspiring real estate investors often wonder where to start. In this episode, Jocelyn Kaufman shares three essential steps to take when buying your first investment property.
First, she recommends meeting with a lender to discuss financing options and get pre-approved for a loan. This step helps you determine how much you can afford to spend and makes you a more attractive buyer to sellers.
Second, Jocelyn stresses the importance of saving money for a down payment and closing costs. She shares some practical tips for cutting expenses and increasing your savings rate.
Finally, Jocelyn advises listeners to find a reputable realtor who specializes in investment properties. A good agent can help you find properties that meet your criteria and negotiate a fair price.
By following these three steps, anyone can get started on the path to real estate investing. Tune in to learn more about each step and how to set yourself up for success.
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