Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Rolando Leos

Rolando Leos has started 2 posts and replied 3 times.

Post: New to real state investing

Rolando LeosPosted
  • Posts 3
  • Votes 3

I am new to real state investing. Have been trying to educate myself by reading books , listening to podcast/youtube.
I have equity on my home residence that can be pulled out for a down payment (HELOC, Home Equity Loan). My strategy is to buy and hold.
Since real state investing is new to me  , I don't really want to deal with repairs.  I have been looking at move in ready or minor repair properties. 
So far the numbers don't add up -  20% down payment and rents don't cover expenses.

What I am thinking of doing is to purchase a new home (new built) move in with a lower down payment.
And rent out my current residence.

Any suggestions would be helpful.   
Thank You!

Post: New to real state investing

Rolando LeosPosted
  • Posts 3
  • Votes 3

I am starting my real state investment journey in 2024.  Where is the best place to start?
Should I work with a investor friendly real state agent and work with their network (lenders, management company, contractors)?
I am in the Houston, Texas area.

Thank you