First time investment in Houston TX area

[Vlady Gavi]

Hey y’all. I’m really new to this investment idea and opportunity. I have never done anything like this before but me and my wife we really want Financial freedom, so I can quit my job and spend more time with our kids and family. I am the only source of income in my family and we have saved up some money to put down as a down payment for our first investment property.

What would y’all recommend of us making the first step, should we focus on multi or single family units? If we end up buying something the first year, and I would want to buy another multi family unit next year, how can I get help financially to put another 20% down to rent those units out? I do kind of understand the concept but I do not understand how can I financially do that?

Any suggestions or recommendations?

We live on the  outskirts of Houston

Thank y’all so much

[Mark Sewell]

Get out to some networking events, and participate on these forums - I need a lot of local contacts right here, first, and then I run into them later in person.  

Somebody might refer you to a good mortgage person that 'gets it' and can suggest some programs that could work... and if they don't work now, they could work eventually and you can take the steps you need to take and use that as kind of a road map.