I need some advice

[Karliz Ramirez]

Hello guys, I'm brand new in the investing world, but I'm trying to learn and educate myselfas much as I can.

I have a question or several: I currently work, I have a w2, and almost 20k saved. I rent an apartment and I'm approved for 275k for an FHA loan. Then I met An investor recently and he offered me the opportunity to invest with him in some flips that he is doing or that he might have coming up.

With the FHA I'll be putting the money as a 3% down payment and I'll rent rooms (house hacking) or with the investor I'll invest the money with a hard money loan going 50/50 with this guy. Honestly, I don't know which route to take whether to invest the money in a flip with that guy or get an FHA loan on my own and get a house since no matter what I need to find a place to live (either renting like I do or a house) or should I take the risk and do both or simply neither of the two. 😬 thanks for answering.