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.
New Member Introductions
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 10 years ago, 04/07/2015

User Stats

35
Posts
12
Votes
Roc Pilon
  • Investor
  • Idaho
12
Votes |
35
Posts

Intro - 20 years old - house hacked my first property

Roc Pilon
  • Investor
  • Idaho
Posted

Hello all!

My name's Roc, I've been interested in real estate ever since reading rich dad poor dad when I was 16, I realized I need to be on the investor/owner side of life so I started changing my mindset to be that way. My dad has transitioned into devoting all of his time to real estate investing as well and is working on a few projects which inspired me to take action as well.

Through the local REI group and the connections I was introduced to there, the BP podcast, blog posts, and ultimate guide, as well as the occasional fatherly guidance I pulled off a goal I wanted to reach before I turned 21. I actually wrote down the goal to own my first property before March of 2015 with no idea how I would achieve it, but its weird the way things written down workout...

Anyways, I bought a duplex in the Meridian, Idaho area using the 3.5% FHA loan method and I will owner occupy it for the next year. I do not have the exact calculations with me because I am at work right now but would be happy to talk about the deal for those who want to!

I do have one question for you all.. If you were me and you wanted to do more deals how would you go about doing the next deal? Or is there any advice you would give a 20 year old?

I cant do the FHA loan again and I want to acquire more multi families looking forward to hearing what you all think.

Thanks!

Loading replies...