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 almost 4 years ago,

User Stats

5
Posts
6
Votes
Lena Oeun
  • Real Estate Agent
  • Philadelphia, PA
6
Votes |
5
Posts

First investment property: rental+house hacking vs flip

Lena Oeun
  • Real Estate Agent
  • Philadelphia, PA
Posted

I'm 19 years old and working as a full-time agent in January. Along with planning to hit my financial goals through commission, should I go for buying a single-family with an FHA loan and house hack or do a flip?

My initial goal was to get a single-family home to keep long term, live in the place with 3-4 other roommates for 2-3 years. Keep renting out the place to tenants. Make passive income from there.

However, I was advised to do a flip instead to invest in multi-family investments. I just want some advice or tips for someone as young as me getting into RE investments.

Also if you have book recommendations related to real estate investments, please list them!

Thank you!

Loading replies...