When first starting out in real estate investing what is the typical credit score and cash amount needed to my build a real estate empire?

BiggerPockets Podcast 100: The 1st Deal, Management Drama, and the Birth of BiggerPockets with Joshua DorkinProbably, the best story in REI.BiggerPockets Podcast 057: An Introduction to Investing in Vacation Rental Properties with Matt LandauLong term goal in Costa Rica.BiggerPockets Podcast 049: Real Estate Tax Tips, Jokes, and Loopholes With Amanda HanYou must know the taxes, you must.BiggerPockets Podcast 072: Managing Hundreds of Tenants and Getting Uncle Sam to Pay the Rent with Mark AinleyChicago investor.BiggerPockets Podcast 077: Negotiating Your Way to 1000 Wholetail Real Estate Deals with Michael QuarlesA master of negotiations.BiggerPockets Podcast 063: Automating Your Investing, Long Distance Rehabs and Spec Building with J ScottAn icon in REIBiggerPockets Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth It takes two to tangoBiggerPockets Podcast 087: How to Thrive After The Collapse of a Real Estate Empire with Nathan BrooksBP should have more collapse stories.

Once we move in, sell the old condo and use that equity to start an investment empire!

Build your credibility and build your empire!

He knows what he knows and it sounds like he doesn't want the adventure (or fear and uncomfortableness) of changing that.Maybe the best course is to honor your father and support his desire to keep his 1031 close by geographically but use your own resources to start a thriving out of state real estate empire. 

If you are not in the Inland Empire of S.

For us in SoCal, there is the Inland Empire to look into.

Once you have an FHA loan you are not allowed to have another FHA loan unless relocating a great distance for work.Now that you have exhausted your Low Down Payment Options (Portfolio Conventional and FHA Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Keep in mind that this 4 step process I outlined takes time (anywhere from 1 to 10yrs depending on the person) so keep the big picture in mind but don't let it stress you out too much.

Talk less and listen more.You can act as a referring agent and receive a fee if you don't want to act as a full time agent.Don't get involved into agency stuff (listing, selling, open houses, floor duty) this will only sap your time and energy from your real goal; making offers, making money, building your real estate empire and creating a giant net worth.

I decided to pursue real estate investing because my wife and I want to become financially free, build an empire for our family, and retire within the next 10-15 years to spend more time with each other and our newborn baby girl, and travel.I'm primarily interested in buy-and-hold properties and have joined to obtain more information on how/where to start.