Newbie Interested in Multi-Family Investing in Columbia, Missouri

[Alex Morehead]

Hi, everyone. My name is Alex Morehead, and I am a second-year Ph.D. student in computer science at the University of Missouri here in Columbia, Missouri (CoMo).

By now, I have been living in CoMo for around a year, and I am very interested in beginning my real estate journey here, starting with (what will most likely be) a house hack with a local duplex. To commit myself to this goal, I have begun saving for my first downpayment and plan to have around $20,000 saved by May of 2022. I'm thinking that using an FHA loan for this may be a good way to start out, however, I'm definitely open to other suggestions.

I'm also interested in getting others' feedback (preferably those who have invested here in CoMo or similar markets) on what they would recommend I start doing to make tangible progress towards my house hacking goal. I attended my first local REIA meeting back in early July, but I still feel as though I have a long way to go before I will be on track towards making my house hack happen (especially on top of balancing all my other responsibilities like coursework and research).

Thank you all for your time, and it's great to be here on this journey towards financial independence with you all!

[Justin Windham]

@Alex Morehead

Welcome to Bigger Pockets!

If you are looking to invest into real estate, I have found this site to be incredibly helpful. The best part is that everyone here is excited to help you learn and grow into real estate investing. From real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance, you will find that many members here are very knowledgeable in their respective fields.

The site has quite a few tools that can be helpful for new members. For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users

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