You only need to put 3.5% down, so cashwise it won't get in the way of other real estate goals you may have.My first deal was a 4-unit up I bought with FHA 3.5% in Santa Clarita.I lived for free (as opposed to paying rent) + enjoyed cash flow + built equity.

My main goal is as followed  House hack live in one unit rent freeMake $1k net per monthHave 30k-40 equity after rehabbing the property2-4 unit propertywhat I have as my financial outlook is as follows177k-182k2k debtcredit score 775I have year w2 with business income shownI (CARE ONLY ABOUT CASH FLOW I DO NOT CARE ABOUT APPRECIATION), and for that reason want to find a 3 unit place, I do not want to go to Newark and I am from Paterson NJ which I don’t mind hands on.

My main goal is as followedHouse hack live in one unit rent freeMake $1k net per monthHave 30k-40 equity after rehabbing the property2-4 unit propertywhat I have as my financial outlook is as follows177k-182k2k debtcredit score 775I have year w2 with business income shownI (CARE ONLY ABOUT CASH FLOW I DO NOT CARE ABOUT APPRECIATION), and for that reason want to find a 3 unit place, I do not want to go to Newark and I am from Paterson NJ which I don’t mind hands on.

The goal would be to purchase this property, live on my income, use 90% my wife's income to save, invest and purchase our next investment in 5-7 years.

I am grateful to see other new people on the path to achieving their goals.

So my husband and I had been aggressively paying off our mortgage with the goal of saving up for a rental property after that, but with all of the information here and after talking with some investors at our first REI meeting last week, we thought it was time to stop talking about it and just.do.it. 

As we plan for financial independence, and calculating our target financial goal, one big (unkown) piece of the puzzle is health insurance costs.

My goal is to buy an undervalued piece of property, fix it up, live in it and use the equity I put into it to continue investing in R/E.

My goal is to get re-licensed as an agent and purchase a deal in the next 12 months.

I want to learn your goals and your action plan for achieving them.