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Updated over 9 years ago,
Hello from New Lenox, IL
Hello Everyone
My name is Ryan and I currently reside near New Lenox in Illinois. I stumbled into REI and BP after looking for ways to better invest in myself and financial future.
I am in the very beginning stages, mostly learning from you guys on the forums and podcasts while saving up some money for a first property. I am interested in the buy and hold strategy and am considering "house-hacking" my first property and using an FHA loan to purchase a dilapidated duplex/4plex in the Chicagoland area. I have a partner interested in investing $20K - $30K if we can find the right property and the cashflow makes sense.
Thank you for all the information you've already provided. Any advice or things to think about going forward would be appreciated!
Cheers
Ryan