Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

9
Posts
2
Votes
Eric Thornton
  • Rental Property Investor
  • Eldersburg, MD
2
Votes |
9
Posts

Newbie looking for advice on taking the first step!

Eric Thornton
  • Rental Property Investor
  • Eldersburg, MD
Posted

Hello, I am new to BP and very eager to get into real estate investing.  I'm a seasoned business person, but totally new to real estate.  I've spent the past several months talking to agents and reading as much as I can, including several BP books.

My two ongoing questions are 1) I have an interest in commercial real estate, but should I start in residential? and 2) how do you take that first step, especially financing w/o prior experience.  My goal is to buy my first property by the end of June 2018.  Is it a mistake to focus on commercial real estate (small offices or small retail) until I have more experience?  

For many years, I found myself thinking that I should have gone into building or real estate development because of my aptitude and interests.  Over the past couple years, that got me invested in becoming an investor.  Thanks in advance for any expertise/advise you can offer to help go from thinking about it... to doing it!  

Thanks again,

Eric

Loading replies...