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Updated over 7 years ago,
New Member - Fort Worth, TX
Hello BP, I am a recent engineering college grad that is relocating to the Fort Worth area next month.
I have just finished @Scott Trench's book Set For Life, and I am hooked! I am looking to learn as much as I can while I increase my "financial runway", before acquiring my first house hack or SFH in mid-2018. My initial plan is to focus real estate that can be purchased for 130-200k via FHA loan, with room for some forced appreciation (BRRR). With a high savings rate and few liabilities, I would like to purchase a cash flowing property every year as a hedge against the potential "top" of the market.
Some initial questions...
Are multi-families a viable option in DFW area?
What are the best locations for new investors?
I would love to practice running the numbers and connect with professionals in the area to discuss the best possible strategies for the local market. Thank you!
-Jordan