Question:

Anybody here invest in real estate?

I am learning how to invest in real estate, but I need some help from a experienced invester. If you think you can answer some of my questions please leave your yahoo, aim, or msn screen name...thanks..

Answer:

The best thing to do is find someone with experience under their belt. Either a real estate broker or agent should do. They can give you specific number ranges for home values rental markets. You also have to specify what type of investing you'de like to do. Whether it's buy flip, rental properties, or sub-market purchasing, you'll need a good team including settlement attorneys, mortgage brokers/lenders, inspection agents, and a good agent/broker. I'd stay away from those no-money down, make a billion dollars this year infomercials, all of that info can be obtained free from your team of professionals. Make sure they're on your side and not representing multiple parties in the same transaction.
I am looking into a program that allows you to put no money down. It seems effective, it's just showing you how to use creative financing in order to make your deals when you are investing.

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