New Investor Question

[Adam Montelongo]

Greetings,

I am a 22-year-old college graduate with $110,000 saved up, no debt, a good credit score, and have been working full-time since July this year. I currently live at home for free, and therefore fortunately do not have any significant monthly expenses. I am interested in getting into real estate investing in the near future (I was thinking about single-family homes). What steps should I be taking right now to prepare myself to buy my first investment property? Any advice would be greatly appreciated. Thank you. 

[James Wise]

Quote from @Adam Montelongo:

Greetings,

I am a 22-year-old college graduate with $110,000 saved up, no debt, a good credit score, and have been working full-time since July this year. I currently live at home for free, and therefore fortunately do not have any significant monthly expenses. I am interested in getting into real estate investing in the near future (I was thinking about single-family homes). What steps should I be taking right now to prepare myself to buy my first investment property? Any advice would be greatly appreciated. Thank you. 

Use an FHA loan and buy yourself a house that you can hack. I bought my 1st house at 21. 16 years later I've done over $200 Million in transactions. It all started from that 1st deal.