how to purchase residential property for investment and income…want to own and rent it.?
How do I go about this in a legitimate way…in other words, not the fly by night stuff you see on TV.
I’m looking for answers from those that own and rent out their property. I’m interested in residential investing for the time being.
I have worked in property management, so I am familiar with how to manage the property once I have it.
I am most concerned with how to get the money to purchase my first investment property. I’ve read not to go into debt to purchase realestate.
But I don’t really have any of my own money.
Those in real estate…please respond.
I’ll be buying property in NE Tarrant County, TX for now.
Thanks!
well i hope you got a good credit score. however, there are ways around this. my first suggestion would be to take on a partner. i found a great resource of ways to accomplish this with little or no money.
http://timboson.blogspot.com/