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Old 01-06-2015, 11:13 AM   #3
nightfighter
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Join Date: May 2001
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So many factors.....

Is this to be your 2 year, 5 year, or 30 year home? Single family? Or would you consider multifamily to help grow your equity more quickly? Do you want to even consider being a landlord and take on those headaches? Where? Are you tied to a particular area?

Best deals are the ones that are done BEFORE they even hit the market.... You need to be connected. Helps to know people in the community, their parents, family circumstances etc. Brokers are valuable, but sometimes you need to uncover the opportunities before the RE listing is signed. Get the word out.

Finally, you need to have some vision. Go to every open house you can. Very very few are "move in, make dinner" condition. Know your market, pricing, taxes, and ballpark costs for upgrades of baths/ kitchens, and heating/cooling
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