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Updated over 9 years ago,
Newbie from Western Massachusetts. Real estate adventure part 1
Hello all BP guys and gals,
Decided to do a quick introduction to this amazing site. I've been peeking around for the last few months and have recently become more serious about buying an investment property. BP had been incredibly instrumental in helping me decide what I want to do as far as real estate. I'm 25 years old and looking to get a jump into real estate. What I'm mainly looking for in the beginning is to provide some passive income from rental properties. I'm located in Western Mass where the market is somewhat dried up but I believe there is also great opportunity. I'm hoping to buy a multi family (preferable a tri or quad plex) in the coming months and I'm heavily leaning towards getting a FHA loan. The reason being i don't want to invest too much of my Capital in one property, which I will live in for a short while, until I meet the FHA requirement and then use it as strictly rental property.
I'm recently married and combined we have a healthy income. Hopefully I can make the jump into our first property soon. I will track my progress for those who are interested and if any questions arise, I'm sure BP will be there to help me out!
I look forward to being more active on this site and heating back from all of you.