All Forum Posts by: Tyler Crowell

Thank you to all the replies! All of this information and guidance is extremely useful! 

Hi BP Community!

This is my second post and i have already learned so much from all of you.

I have 10k (USD) Saved and am wanting to start investing. I am interested in buy and hold properties. Flips do not interest me as i have no clue what i would be doing, and i am also based in Australia for the next 14 months (university) but want to buy somewhere in the Houston area. 

Can i get started with 10k USD??? If so, HOW?

Thanks in advance!

Wow!! Thank you for all the information! I am so glad to have joined biggerpockets!

In regards to the 20% (approximately) downpayment, i have heard on the BP podcasts and afew other places that some lenders will accept a 5% - 10% downpayment. Have any of you had any experience with this ?

Another question is, i have also heard on the BP podcast and Grand Cardone podcasts, that some have even gone as far as to use an FHA Loan for the property, even though they arent living in it.

Thank you again for the response!

Hi everyone!,

I am currently a university student working as an undergraduate engineer living in Queensland, Australia. However i grew up (and plan to move back to in 14 months) in Houston Texas!

I am wanting to get into buy and hold real estate in order to generate passive income and create a prosperous future for myself. As property is quite expensive here (and i dont have the best credit in Australia) would it be a smart move to buy a property in the Houston area this year?

I generally go back to Houston one to two times a year to visit friends and family who live there. I am going to back in June and would love to buy some property as i would have saved about 10k USD by that point.

Has anyone done this? Or can lend any advice on this topic. 

(PS- I do have good credit in Texas/USA)

Thank you in advance,

Tyler.