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.
General Real Estate Investing
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 1 year ago,

User Stats

53
Posts
26
Votes
Austin Bull
  • Mesa, AZ
26
Votes |
53
Posts

What's up with Arizona?

Austin Bull
  • Mesa, AZ
Posted

Hi, my name is Austin Bull and I'm a new REI from Arizona. I'm 26 and work an hourly job as a mid-level plumber. The hurdle for me right now is that with my pay rate, I can only get pre-approved for a little less than 300k by myself.

I want to get into the game in Arizona because I think the market is one that will still grow. But your average 3bd, 2bath house in a decent neighborhood seems to be at least 350-450k right now.

Should I keep looking in az? Should I go out of state to get in the game that way?

I'm planning on house hacking, so I should be able to afford a 350-450k house with roommates, but I don't know if the banks trust that since this is my first property and the DTI would be like 55-70+% on those loans.

I'd like to avoid co-signing with my parents, but may have to . Any other glaring options you all see that I may be missing?

Thanks!

Loading replies...