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 over 10 years ago on . Most recent reply

User Stats

3,451
Posts
1,419
Votes
Jerry Padilla
Lender
#5 Classifieds Contributor
  • Lender
  • Rochester, NY
1,419
Votes |
3,451
Posts

What to buy? and Why?

Jerry Padilla
Lender
#5 Classifieds Contributor
  • Lender
  • Rochester, NY
Posted

My best recommendation for purchasing an investment property is a multi-family owner occupied home!

Why?

You are living for free or pretty close to it.

You get the real hands on feeling of being an investor.

There is no real need for a property manager as you are right there.

You will only need a very low down payment.

You can go FHA and purchase a four family owner occupied unit.

It is much easier to do the work when you are right there.

It couldn't be much easier to collect the rent.

business profile image
PrimeLending
4.8 stars
461 Reviews

Loading replies...