Getting Started and Looking for Advice (First Post)

[Will Sutter]

Hello Friends,

This is my first post on here and I appreciate any advice given. To give a background of my situation, I graduated college a year ago and was fortunate enough to live with family and save money. My goal is start my real estate investment career here in Houston, TX. I've saved around $35k and believe I could also raise private money if needed. I'm open to owner occupying for a lower down payment as I have the freedom to move. I'd love to hear from those with experience on how you would navigate the situation. Of course most people in my life say real estate market is terrible to enter now, but I'm a huge believer in "its not about timing the market, its about time in the market". 

Thanks!

[Marci Mayes]

Welcome to Bigger Pockets! You have come to the right place to learn about real estate investing. I highly suggest house hacking as a great way to get started. Find a property where you can live and also rent out out a portion of it. For example . . . a duplex (live in one side rent out the other), a house with multiple bedrooms (stay in one bedroom, rent out the others), house with converted garage or guest suite (live in the smaller unit, rent out the main house or live in the main house and rent the smaller unit). Use your savings for a low downpayment (3.5% or less) on an owner-occupied home. Interest rates will be more favorable than a non-occupied home. Live there for at least a year. Then move out and look for your next house hack. Best of luck!