New Member Introduction! Advise Request

[Anthony Nguyen]

Hello my name is Anthony and I am 25 years old.  I have lived in the greater Seattle area for pretty much my whole life and now I am interested in investing in some real estate.  My annual income is ~$70k and I have ~$125k saved.  Credit score ~ 720.  I am not married and have no children. Ideally, I would like to just pay cash for a property (or as close to as possible) but given the current market, that seems impossible.  I would like to find a property in the greater Seattle area (From South Seattle to Everett and also the eastside) with 3-4 bedrooms and 1-2 bathrooms.  Depending on the situation I would like to rent out some rooms as I would strongly prefer to generate passive income through this investment.  I would also be interested in buying a cheap home where I could rent out the entire property.  This will be my first home.  My end goal is to establish as many sources of passive income as possible.

I have also considered condos, and high rise apartment in metro areas (Seattle/Bellevue).

Is now a good time to buy or will there be a market crash?  

What would your advice be for me based on my situation?

Any advice would be greatly appreciately.

Thank you,

Anthony