All Forum Posts by: Eric Stugart

@Daniel Vandenbos thank you so much!

@Tammy Shurts Bjorge thank you so much!

I am very naive when it comes to taking advice. I am just starting out in real estate still learning l, haven't bought any properties and I'm not ready to yet. BUT what I was planning on doing was getting an FHA loan and house hacking within 2 years. However, I just read on Instagram from this real estate investor that he recommends putting no less than 20% down on any property and does not recommend an FHA because of PMI and if the market goes down it will be hard to get cash flow so now I am having second thoughts on an FHA. Could some experienced people please give me some advice?

@Michael Ealy Thank you for posting this, #3 and #6 are really the two I am most concerned about.

@Bill Goodland thank you very much Bill for the advice, that makes a lot more sense.

@Lauren Juarez thank you very much, I plan on purchasing that book

I am very new to real estate investing in fact I am still reading books and I am not ready to get an investment property yet. I just keep hearing about getting rental properties or financing with no money down or low money down. What I am wondering is if this is actually possible or is it more like a gimmick and am I better off just going with an FHA loan or conventional loan? Any advice would be greatly appreciated, thank you.

@CJ M. Thank you for your response, I definitely have cold feet and I will take your advice and jump in and learn how to swim, thanks again!

@Kyle Mitchell thank you very much for your response. I feel better about it and will take your advice, thanks again!

I am very new to real estate investing. I am currently reading Brandon Turner’s book about investing in rental properties and I am learning a lot. Something that I keep coming across is networking, finding a mentor, etc. To be quite honest I am worried about networking and finding a mentor because I am nervous I am going to get swindled or get pushed into doing something I do not want to do. I do want to go to local meet ups and meet experienced real estate investors I’m just not sure what to expect and I’m nervous about it. If there is any advice anyone can provide I would greatly appreciate it, thank you.