Buying a Multifamily

[David Gatlin]

I would just like to know if this is a good plan for me. I am a 19 year old electrician making roughly 25k/year with 8k in savings. I currently live in Virginia Beach and I am becoming very interested and invested into real estate. I live at my aunts house right now only paying 50 dollars a month :). So I'm thinking, around a year or so of saving money, if it would be a good idea for me to get an FHA loan and with that money buy a duplex. I would either get one that I can BRRRR or just get a turn key property and house hack (Live in one unit, rent the other). Any feedback would be greatly appreciated!

[Sean Rooks]

@David Gatlin I like Keffer Realty in Chesapeake. For tips on finding a good property manager, Brandon/Heather Turners "The Book on Managaing Rental Property" has a great chapter on questions to ask them. Then just call around and see which one you like the best.