New Member from Miami , FL

[Daniel Campana]

Hi everyone, 

I joined a couple of days ago, pretty excited about starting in REI. Any tips for someone who has a full time job but wants to start investing in RE? Hope to connect with a lot of you soon!

[Account Closed]

@Daniel Campanagood move on looking into RE investing. Having w-2 income in real estate is actually a great asset. 

There are two main routes you can go: 

owner occupied - advantages include, lower down-payment, easier to recover from mistakes, easier to manage property, lowered living expenses

investment property - needs a larger down payment but will cash flow right away, management can a little harder but you can get property management, it will also be harder to get a loan but at the same time easier to buy properties that need repairs.

If we want lets link up. My goal for 2016 is to help 10 BP members buy their first investment property !