CalculateRealEstateROI

Investing

How long does it take to close my first rental?

30–45 days once you're under contract; 3–6 months to find the contract.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Direct answer

30–45 days once you're under contract; 3–6 months to find the contract.

Expanded explanation

First deals always take longer due to learning curve. Plan for a 6-month search; once you find one, conventional close runs 30–45 days, DSCR 21–30.

Examples

  • Day 1 search → day 120 contract → day 150 close.

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