I'm new to real estate investing, but have thrown myself into learning as much as I can by joining a Veteran based investment community, have been working with my realtor and looking daily for potential multi family properties in the Dallas area for house hacking, which I've set myself an deadline to be completed by May.

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.

The property was vacant and to maintain integrity in the neighborhood, the property needed renovation.

The property was vacant and to maintain integrity in the neighborhood, the property needed renovation.

I believe you had a much better-than-average result here.

Thank you, much appreciated!

Get to know the values of homes depending on how much work is needed in the areas you're wanting to invest in.

You don't need to own a home to qualify for umbrella insurance.3.

Hi Joshua,It really depends on your situation and your specific needs/wants.

With your Fico and down payment, all you need to do is make sure you pass the debt to income requirements.