General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Now What? My REI Journey has begun.
Hi BP,
I've posted on here a few times and have gotten excellent advice from tons of wise people and have returned for just that again.
I'm a new REI and over the past several weeks have been meeting people in person and getting their advice, but I come to the BP platform for more information.
I've gone through the pre-approval process and have been saving money to purchase my first (of many) multi-families. My plan is to utilize the FHA loan (which I'm saving up for the down payment now). So now I ask you, BP Community, now what? Do I just continue to save until I have enough capital? Start looking for multi-families and utilize 203K? I'm all ears (technically eyes), so let me know what you think.
It is worth mentioning that I'm still pretty young (23) and have been told that I have a lot of time. While I agree in context, I'd like to treat REI with a ton of urgency to be "self-employed" by 30.
Thanks!