Paralyzed by financing fear!

[Justin Turner]

I am stuck. 

I make $44,000 year salary.

No debt.

No rent. (parents old house) 

$20,000 in savings.

1. Should i look for a portfolio lender first or just go through the conventional route? I just dont want to get to 4-10 properties then get shut down.

I feel like bank would only trust me with MAYBE two houses lol.

Anything would help guys thanks.

[Omar Khan]

@Justin Turner You're thinking way too far ahead. One step at a time! You're doing good. Buy the first house right, make some money on it and then go from there. 

Don't read too much into people's comments here (I own 40 houses or whatever). Most folks are buying cheap houses with lower quality tenants. You'll go further in a shorter period of time, if you focus on buying quality at the right price, patiently building up your portfolio (hardest part!) and leveraging your capital into newer properties.

Keep educating yourself and keep taking it a day at a time.