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Updated about 9 years ago on . Most recent reply

User Stats

5
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1
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Carlos Caban
  • Azusa, CA
1
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5
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New Member from Los Angeles, CA

Carlos Caban
  • Azusa, CA
Posted

Hello Everybody,

Newb here.  I came across Bigger Pockets while searching for something investment related on Sound Cloud.  After going through this material a couple times, I finally decided to drink the Kool-Aid and here I am.

So about me... I'm a younger fella who just got out of college and entered the work force.  My real estate investment game plan is to purchase a single family home in the Riverside/ San Bernardino area with as little leverage as possible; I've come to the conclusion that low leverage pairs beautifully with my inexperience.  With little to no debt on that first home I should be able to save up another large down payment using the cash flow and my own income.  My second purchase would have a little more leverage than my first because the knowledge from the first investment would offset the risk of slightly higher debt.  My second purchase and every other thereafter would be a multifamily to decrease the travel between properties. 

I'm still saving up for my first down payment so the only aspect of my game plan that I can work on at the moment is education.  School me Bigger Pockets... 

Best,

Carlos

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