Real Estate Rookie

[Casey Valbuena]

Hi everyone,

I'm 25, currently renting, working full-time and had been educating myself on real estate through books, YouTube, and podcasts the past several months. My goal is to househack a multifamily in 2025 in the suburbs of Philly where I work at; and use the next two years learning and saving money for my first investment property. I am looking to get an FHA loan for the low DP but I want to make sure I have 3-6 months cash reserve before jumping in. Also, I only started working in the US in 2022, so I would not be qualified til I have two W2s for FHA (correct me if I'm wrong please).

I have attended a local REI meetup in Philly once and met a few investors as well, and looking forward to attend their following events. I also just enrolled in a 6-week Jumpstart program in our area which starts soon and I'm very excited to gain new knowledge and meet like-minded people.

This forum has been really helpful for beginners like me, any advice would be helpful and much appreciated! :)

Thank you all.

[Eric Greenberg]

Hi Casey,

Welcome! Happy to answer any philly specific questions and wanted to suggest joining the Philadelphia Landlords Connect Facebook group. Its a bit heavy towards Philadelphia but there are folks from the suburbs too.