Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Buying & Selling Real Estate
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 9 years ago,

User Stats

93
Posts
46
Votes
Ryan Terwilliger
  • Real Estate Agent
  • Houston, TX
46
Votes |
93
Posts

Advice for new Houston investor.

Ryan Terwilliger
  • Real Estate Agent
  • Houston, TX
Posted

Hi everyone, my name is Ryan. My wife and I moved from California less than a year ago. I want to start investing but have a couple of specific problems. I actually live in Alvin, which is south of Houston, and need a new personal residence this summer. I am leaning towards renting so I can save my capital for investing but buying is so much cheaper.

Also I have a little capital to start but I am not sure if I should do SF or small MF. I think I am ready to jump into SF but MF is ultimately the end goal. I do work but want to go invest full time. If I buy and hold SF can I pay cash, rehab and re-fi back into a mortgage? I would I be better to do a few homes for experience?

Everyone here is so helpful, thank you all for all the free education that I have gained here.

Loading replies...