All Forum Posts by: Isabel Andrade

@conner 

@Conner Olsen

That was a thought we had ! We are just going through all of the different routes to start off . Would you happen to know how vacation homes work ? 

@Nate Sanow

Thank you so much for this piece of advice . Aside from the part of failing , I think money is one of the biggest barriers seen by someone just starting off . My husband and I are really trying to obtain as much knowledge as we can before diving in .

If I were to already have a single family home , what would be the best way to start off investing ? 

I know I have been suggested house hacking the single family home but I would appreciate different ideas/advice on how else it would be possible to begin . 

@Brett Deas

That’s actually a great idea! But with that how would splitting up the utilities happen ? Adding into the rent I would think would be the best deal ? 

@Harjeet Bhatti 

How are the interest rates typically with that program ? 

Hello BP community members, 

I joined 2 days ago and I’m already learning SO much . I have a first time homebuyer question . 
My husband and I are currently renting but saving up to buy our first home . We are planning to take the FHA loan route since it's only required to put down 3.5 percent of purchase price . We are on the fence on what type of property to buy . If we should get a single family home that is priced within our range while saving up to buy another and rent that one out . Another option that we have seen in our area are single family duplexes which have been priced at about 130,000. Unfortunately, I am unable to move out of the city due to my job requirements.

Basically to some it up , what would be a better investment option in the long run to get us started off ? I know Multi-family is a big starter but our options are a bit limited in that area . Thank you ! 

@Alicia Marks

Hi Alicia , 

Thank you so much for the advice . I’m currently 29 married . My husband and I are invested in learning as much as possible before taking the big step . Real estate investment has always been something I’ve been interested but afraid and lost on how to start . Glad I joined this platform ! 

@Steven Foster Wilson

Hello Steven , 

My husband and I are in the process of building up our savings . I’m excited to begin this journey . What would be your number 1 advice ? 

@Scott E. 

Hi Scott , 

What would your be your best advice for someone that would be interested in house flipping ? 

@Paul De Luca

Hi Paul ! 
My strategy is still in the works . I’m fairly new to this and would like to obtain as much knowledge as possible before I begin Investing. What is house hacking ? I’ve never heard of the term before .