All Forum Posts by: Edward James smith

Hello, I currently own a single family house with an ADU, and a duplex. I have house hacked both properties while updating them. I've done my research with (reading books, podcasts, etc) but still feel like I'm not doing enough. I really want to do local meetups and interact with more advanced investors but don't know where to start. Any advice helps.

I appreciate the advice. We will definitely be living in the next property we purchase so taking advantage of the FHA might be a good idea. I actually forgot to mention we are also renting out the bedrooms in the section we are living.

Hello, I recently just bought my first property being a 4bedroom/2bath home. Home has an additional 1 bedroom/1bath apartment downstairs with its own separate outdoor entrance. We are currently living in the top floor with the 4 bedrooms while we have a tenant living in the apartment. Our plan is to eventually rent out both units and buy another multifamily property. The main concern I have is saving enough money to buy another property because I’m assuming it will require 20% down considering it will be our second property. My fiancée both have good paying jobs but it might take longer than we want to save enough money to buy another property. Does anyone have any advice or suggestions? 

Thank you everyone for the great advice. I am planing on reaching out to a local lender today to see what options I have. 

I graduate college in a couple months and want to jump into real estate investing right away. I am worried about getting approved for a loan considering I have been working part time for the past couple years. I should be making roughly 70k a year once I graduate and my fiancé graduates nursing school this coming March. Any advice or recommendations would be much appreciated.