Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 10 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Andriana Babikian
  • Fort Lauderdale, FL
1
Votes |
20
Posts

Just getting my own home... what now?

Andriana Babikian
  • Fort Lauderdale, FL
Posted

I just got an offer accepted on a home that my SO and I are buying for ourselves. It's everything we've wanted, including location, on the water, size, etc. It's our first home, and now that we have a big loan out there, what is the best way for ME personally (not really him) to start out small with investing? I was thinking beginning with saving for a DP on a hard money loan, then maybe getting a small condo to fix up and rent out...? I know some of those places unfortunately have rent stipulations (like waiting one year or more). I just want to know of any ways one can start out considering I just got my OWN home and will be spending a lot of $ on that for the next year or so. We definitely do not want to flip and sell/rent our home (we want to live in it and enjoy it)... so any advice is appreciated. THANKS!

Loading replies...