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 almost 8 years ago on . Most recent reply

User Stats

13
Posts
4
Votes
Tijana Flowers-Harris
  • Raleigh, NC
4
Votes |
13
Posts

What are my options for starting out?

Tijana Flowers-Harris
  • Raleigh, NC
Posted
Hi. I'd like to get started on something by June. I have 10k saved. I filed for bankruptcy and it was discharged in March 2015. I now have a credit score of 700. Im looking for REO properties in southeastern MA for no more than 175k. These homes are typically three families with 3 beds and 1 bath going for $900 in rent. I only qualify for an FHA loan because of the bankruptcy, but was wondering if this is the route I should take? I'm a single mom of three boys, so if I need to get started ASAP!

Most Popular Reply

User Stats

5
Posts
3
Votes
Nick Robinson
  • Rexburg, ID
3
Votes |
5
Posts
Nick Robinson
  • Rexburg, ID
Replied

Very interested in following this thread. I just filed and want to invest once I have the credit to do it. So I'm mostly just going to follow the discussion....

I do have a couple of questions for you though! Is house hacking an option? From my understanding you have to live in one of the units to get an FHA right?

Loading replies...