All Forum Posts by: Sam McCormack

I'm new to real estate investing and I wanted to ask if there are any down sides to FHA loans? My plan was to buy a duplex when I turn 18 and live in one half and rent out the other to start my real estate investing career. So are there any downsides to FHA loans? And can I get another FHA loan after a year of living in the first duplex, to get another one and live in that?

Where I live, the Midwest, the prices of houses is going up rapidly and it seems concerning to buy anytime soon. I’m 17 and can’t buy yet so I’m not in too much of a rush, but I’m still curious. Since houses are getting much more expensive recently, will the real estate market crash significantly? Or will it just bubble down? And does this look like anything that happened in 2008? If it does, it would be a perfect time to buy I think.

@Dylan Lurk thank you, I’ll look at that now

@Stan Holmes Thank you! I would like to attend one just to be around like minded people, I’m 17 and new to this and I’m so eager to learn more.

This is my first day on here and I wanted to start off by asking if there will be any Bp Meetups in Kentucky/ Cincinnati area? I live in northern Kentucky by the way.