If you have no $ and are getting in the game, I think you are gonna be on the sidelines for a while as the only $ you can get will be hard $ and it will come at such a steep price the deals will not be promising and have a ton of risk

Hi everyone,I am new to the real estate game so I have some  questions.I am going to be purchasing my first live-in property this coming year and am considering one of the below two options:Option A) Taking out a large mortgage for a nice duplex house with a legal basement unit that will help pay the mortgage; orOption B) Taking out a small mortgage on a fixer-upper house, and putting in 30k worth of reno's and then refinancing afterwards. 

I just feel defeated as I hoped house hacking was going to a bigger game changer for us 

I wasn't thinking about the long-term game. 

I know this doesn't guarantee cash flow or make them all a good investment, but it does discourage me to think about how I'm late to the game in Dallas and may be missing a good time to jump in in OKC.

It's been a game changer for me.

If so, Judy Marburger at National Lending is the best in the game.

.- get-your-head-in-the-game https://royallegalsolutions.co...You might want to read and follow these threads:advice-to-your-20-year-old-self https://www.biggerpockets.com/...financial-advise-for-getting-started https://www.biggerpockets.com/...how-to-prepare-for-a-career-as-a-flipper https://www.biggerpockets.com/...new-to-wholesale-real-estate https://www.biggerpockets.com/...what-is-the-best-re-related-9-to-5-job https://www.biggerpockets.com/...Bonus for the weekend, my collection for starters (read the comments too, and then if you like the author, go check out what else they wrote):- stages-of-investing https://www.biggerpockets.com/...- newbies-learn-real-estate-investing https://www.biggerpockets.com/...- 5-ways-to-know-youre-not-ready-to-invest https://www.biggerpockets.com/...- ideal-vs-desperate-investor https://www.biggerpockets.com/...- how-much-to-offer-property https://www.biggerpockets.com/...- hazardous-attitudes-of-investors https://www.biggerpockets.com/...- 21-traits-scammy-real-estate-investment-guru https://www.biggerpockets.com/...- youre-not-cut-out-to-be-real-estate-investor https://www.biggerpockets.com/...- questions-new-investors-should-ask https://www.biggerpockets.com/...- real-estate-books-beginner-investors https://www.biggerpockets.com/...- what-separates-those-who-succeed-from-those-who-fail https://www.biggerpockets.com/...If that's not enough, ping me and I'll give you a whole collection of blogs and podcasts to follow.Bonus 2: 1) Read at least one hour per day every single day.2) Remember the quote by Jim Rohn "You are the average of the five people that you spend the most time with."3) Check for toilet paper before sitting down.

They have more skin in the game then you do.Make sure you get clear title.

@Victor S. it's a fictitious property, but the areas I am looking at are solid Cs, but close enough that the long term game would hopefully convert into Bs.I will check him out, thank you again!!