Henry Washington, like all of us, learned a lot after buying his first rental property. Now, many houses later, he has a much better understanding of how to buy, analyze, and fund investment properties. The four tips that he gives in this week’s video are crucial if you’re not only trying to find a good deal but a property that will build wealth for you in the background. Do NOT skip any of these steps on your homebuying journey, or you could be in for a rude awakening once you close.
Are you planning on buying real estate in 2023? If so, what type of metrics are you looking at to decide where/when to buy? If you’re an experienced investor, what advice would you give to those looking for their first home? Let us know in the comments below!
00:00 It’s Time to Buy!
01:38 What Do You Need to Do?
02:44 1. Prep Your Credit
04:14 2/3. Know Your Loans (and Down Payments!)
07:47 4. Know Your Numbers
11:12 Get Seller Concessions!
12:00 You’re Ready to Buy!
~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
~~~~
Find an Investor-Friendly Agent in Your Area:
https://www.biggerpockets.com/agent/match?utm_source=owned_media
~~~~
Check out Henry’s Past Videos:
10x Your Goals: https://youtu.be/POh7O8Md3F4
Brain Hacks to Get Rich: https://youtu.be/ZhJcK9SZuvA
Find a Mentor: https://youtu.be/cT0PODN-J_w
~~~~
3 Critical Questions to Ask Yourself Before Buying An Investment Property:
3 Critical Questions to Ask Yourself Before Buying An Investment Property
~~~~
8 Steps To Take Now To Prepare To Buy a Home in 2021:
~~~~
2023 Housing Market Predictions:
2023 Housing Market Predictions: How Low Will Home Prices Go?
~~~~
Follow Henry on Instagram:
Henry: @thehenrywashington or https://www.instagram.com/thehenrywashington/
~~~~
Connect with Henry on BiggerPockets:
https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none
#biggerpockets