Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

88
Posts
69
Votes
Ryan Leake
  • Property Manager
  • Austin, TX
69
Votes |
88
Posts

How do you know when you're ready to start investing?

Ryan Leake
  • Property Manager
  • Austin, TX
Posted

Hi y'all! I got a question from a friend that I need some help answering. They asked me: For young adults thinking about investing in a property with an FHA loan, where do they need to be financially to pay off those large mortgage payments?

And further, how do you recommend they approach the fear of being set back by debt for years on end?

Thanks so much for your time!

Most Popular Reply

User Stats

203
Posts
124
Votes
Brock Dowis
  • Investor
124
Votes |
203
Posts
Brock Dowis
  • Investor
Replied

Househack for certain. Usually fear is driven out of lack of knowledge. Read a ton, listen to all the BP podcasts, the confidence will build and the fear will subside. That’s when it’s time

Loading replies...