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Updated over 7 years ago on . Most recent reply
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New member from Spokane WA / CDA, ID
Hi BP!
I'm Jason from the Spokane area, I am 22, almost 23 years old with zero real estate experience. I am a commercial truck driver.
I've been extremely interested in becoming a real estate investor for a long time.
I found BP while doing some basic research on buying rental property, I lurked for a while and finally made an account. I've started listening to the podcast and am current on episode 10. I love it so far, such a great resource .
My goals: I plan on buying my first property with a FHA loan and house hack it. I'm looking at triplexes and quadplexes.
I have 2k saved currently. I can currently save 300 per week minimum. I've been looking at property online to get a feel for the market and see a lot of mfh listed for 140 to 200~ in my area.
I am here for the great advice and to start my network .
I know after I post this I will think of more to say.
Cheers.
Most Popular Reply
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Welcome Jason!
You are in a good market to invest in...keep saving and move into a 4 plex. Then resave and do it again and again. Take advantage of getting the owner occupied financing as long as you can! I was able to do it 3 times and kept each home as a rental after moving into my next one. Just one way to get started...