First time

[Alexander Alguire]

I would like to begin my journey into real estate with the purchase of a rental property. I do not own a home, I am in college currently and ending my lease in my apartment in December. I would like some advice on what my first step should be. Would an FHA loan be a viable option? Or do I first need to own home. I am also willing to live in the residency. Being brand new at this I have lots of questions and not a ton of knowledge; any solid advice is MUCH appreciated.

[Derek Dame]

FHA is a good way to go to get started. You can also look into 203k loans to finance the rehab if applicable. I would try and find a small MF, 1-4 units. You can still use FHA/203k loans. Listen to all the podcast and read as much as you can. You will gain lots of insight on how things work. Also, check out the BiggerPockets UBG. That should help you out a lot with investing.