1st Investment Property Question

[Lee Arzuaga]

Hi BP!,

As you can tell from my profile, I’m new to BP and I’m also new to the world of RE investing. Over the last 4 weeks or so, I’ve been doing a ton of research on how I can get started in RE investing and I’ve learned a lot with respect to investment vehicles, strategies, and financing. While I realize I still have a ton to learn, one thing immediately became clear to me once I started diving into RE investing and realizing it’s possible for me, that is -- NEVER pay RETAIL for property.

To that end, I wanted to ask the BP community what you all believe the best strategy might be for someone like me who is looking to purchase a single-family, owner-occupied investment property as their first house.

After my initial research, I was thinking my best option would be to pursue an FHA loan but after learning a little bit about Short-Sales, I wasn't sure if that would be a better option for me?