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 over 4 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Alexis Suarez
  • Elizabeth, NJ
0
Votes |
1
Posts

New to real estate investing am I ready to buy?

Alexis Suarez
  • Elizabeth, NJ
Posted

Hi my name is Alexis I am in the Elizabeth, Nj area. I have about $42,000 saved with minimal knowledge on real estate investing. I just started using bigger pockets and and doing some reading with self-help books. I am looking to eventually buy single family homes or possibly househack. My concern is buying a single family home or duplex with no tenants off the bat and not having cash flow. Also unsure if it’s a good idea to buy now with laws allowing tenants to push off their rent until further notice due to covid. Should I save and study some more ? Or should I get my team ready (lender,realtor,contractor, property manager)?Any advice would be greatly appreciated thanks.

Loading replies...