Hello, I've recently moved on from college and am now in the workforce, but so desperately want financial independence. I know that real estate is a very real way to achieve this goal and that's why I've joined BiggerPockets. I'm interested in investing in Multi-Family Units but would like if others out there could not only provide advice on how best to do well in the industry, but also provide your story on:
1. What you did during your first Multi-Family investment and how you achieved it
2. Things you wish you could have done differently
Also, as of now, my rough plan for getting started is to put 20% down for a conventional loan on a duplex, live there for 2 years, then afterwards put 20% down on a single family home while keeping the duplex as a rental property. Is this a solid plan?
