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Updated about 9 years ago on . Most recent reply
Is this a horrible idea?
So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main reason I want to get into real estate investing is to help make a better life for myself and my growing family, however I would also like to make a difference in my city. I have a dream of purchasing homes in lower income and rougher neighborhoods and providing quality sfh's to people where they wouldn't normally be able to find them. I would like to provide quality section8 housing for the less fortunate, but still make a better life for my family while making lives better for others. Is this even a reality? Am I crazy?
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- Lender
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Yes end of discussion unless your Habitat for humans or some other charity this is financial suicide in my mind and you will destroy your family
- Jay Hinrichs
- Podcast Guest on Show #222
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