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There are also other options such as flipping houses, buying foreclosures, short sales, and others. It really depends on what type of investor you want to become. You can get started by purchasing a home for less than $50,000 and turn it into a cash generating asset.

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They will also help you negotiate the best rate possible. You can use a mortgage broker to help you find a great interest rate but you can also go directly to a bank. However, banks usually charge higher rates than brokers. So, if you are going to work with a broker, you should expect to pay them a fee. It is important to remember that you don’t have control over the price of the property.


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Location is very important when investing in real estate. For example, if you are living in San Francisco, you probably won’t want to live in a small apartment. In fact, you may not even be able to afford one. That means you will have to commute long distances every day. And, commuting takes up valuable time that could be spent doing other things.
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So, if you are working with a broker, you shouldn’t feel pressured to buy a certain property. Instead, you should focus on finding the best deal possible. Once you find a property you like, you should start looking at closing costs. Closing costs include things like title insurance, appraisal fees, taxes, etc. If you are using a mortgage broker, they will tell you all of this information before you sign the contract.
