All Forum Posts by: Julio Gonzalez

My plan is to save $20k but with getting a FHA loan. I don't plan on getting a property for $20k, that would be a major headache. I plan on using half that for the down payment for that loan and closing costs. I guess I'm trying to be on the safe side of things but that isn't realistic when it comes to investing in real estate.

Should I talk to one even though I have no plans in looking for a lender? I plan on saving that amount to have that sort of "safety net" if you will. I just don't want to get into any debt on my first property in the future. But any recommendations are always appreciated! 

Hello everyone, 

My name is Julio and I'm located in the central Pennsylvania area. It has been a dream of mine for quite some time now to own property and live financially free. I am currently working my tail off to get rid of the very minimal credit card debt that I have, to then start immediately saving to buy my first property in about a year and a half. I plan to save $20,000 total with small saving milestones (1k, 3k, 6k, etc.) I am using as much resources as I can from the BP YouTube videos, forums, and books. I do get nervous just thinking about taking this big step in life but I feel like the time is now and ready to step into the world of real estate and get my piece of the pie that everyone is eating from. I wanted to make this first post to see if anyone out there is willing to give me some advice and to reflect back on this one day to see that I actually made it. Anything will be greatly appreciated!