Hello everyone,I am newbie in this Real estate area, but it has been my dream for few years now. 2019, i am strong determined to increase my knowledge, ready as many books as possible, listen podcast, attend meetups which i was procrastinating for a long time.

I guess it depends on your borrowing ability, which will determine how far you can stretch that $200+200k.  

We want to start doing our research and learning as early as we can.I have read the Bigger Pockets "Ultimate Beginners Guide" and we have determined our 'niche' as single family home to begin with and our 'strategy' will be to buy and hold.

Go down your list and look up each term on the internet.

He determined that the backside of the property is in a flood plain and will more than likely need to remove one side of the wood privacy fence and replace with chain link.The thing is that the house is not technically in a flood zone.

Getting advice from strangers on the internet is a recipe for disaster.

Sometimes it is easier to start off with determining your monthly lease payment, and then calculating how much house that will get you.

Sometimes it is easier to start off with determining your monthly lease payment, and then calculating how much house that will get you.

For the past two years, since beginning this journey, I have consumed every podcast and been absorbed in the forums; I’ve saved nearly every dollar I can and put that towards real estate deals; I’ve pushed my contractor hard, paid him well, but pushed him hard; run my business determined; thought about real estate every day; creatively strategized my next move daily; put relationships on the backburner; and paid myself first.

The using-none-of-your-own-funds can be done, but again might take some determination and having the right connections, which can take some time to develop!