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Step 5: Get Pre-Approved by a Lender
Before you make offers, understanding your financial options is essential. Visit a lender to explore loan options and get pre-approved for an investment property loan. This step provides clarity on how much you can borrow and what your financial commitments will be, paving the way for informed decision-making.
Step 6: Analyze a Deal Daily
With a better understanding of financing, go back to analyzing one property every single day. The idea is to keep building your skills and gaining a deeper understanding of what constitutes a good deal based on your pre-approved financing options.