Newbie Investor needing advice

[Ihab Kassem]

Hi team. 

My name is Ihab Kassem, I am a brand new investor working on aquiring my first deal. I am located in the metro detroit area. 

I have a full time job and full time family. My family is my biggest motivator for achieving financial independence and I am very grateful I came across Bigger Pockets. This place is AWESOME! 

Like I mentioned I am working on my first deal. I am using a FHA loan to secure the first deal. I have been looking at Multi-Family units. Would like to house hack until I get a feel for how this investing thing works. My agent keeps telling me that is not do-able. FHA loans are not accepted on properties which require a C of O by the city. Is there any truth to this?

If anyone has any advice that would be greatly appreciated. 

Thank you. 

[Brandon L.]

Hello! @Ihab Kassem

Welcome to BP, and congratulations on making the decision to invest in your future via real estate.

I have written a few blog posts that may help you get started here on BP, and with your investing. Please click on the links, give them a read, and share your thoughts in the comments.

First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:

https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp

The second is a post that will help get you focused with your real estate investing goals:

https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciated

The last one is a post that will help you choose an “investor friendly” real estate agent.

There are many agents out there, but it’s important to choose the right one.

https://www.biggerpockets.com/blogs/5868/52724-im-new-to-investing-how-do-i-find-an-investor-friendly-agent

I love answering questions if you have any! Good Luck :)