I moved into a $400 a month studio (In a very bad neighborhood) all so I could save as much money as I could, pay off all my debt and save for a down payment on not just a primary residence but investment properties too.I would absolutely continue to learn from BP, but I would also seek out personal finance blogs and podcasts to learn how to better save, scrimp and earn your way to having more money to invest in real estate.

I've heard that absentee owners are the way to go, so do you still suggest door knocking as my primary initial source?

Hello fellow investors, I am just starting investing and I am on the process of acquiring my first rental property.But my real issue right now is that I just sold my primary property (a condo) here in Missouri. 

I started out with buying a couple 2 Bedroom 1 Bath rent houses for 45 & 55 Grand. 20% down on each using my primary residence equity as collateral.

The payments tend to be lower than the PMI option and interest is tax deductible on your primary residence.

@Krista Walker you cannot qualify for a conventional mortgage (i.e. the kind of mortgages people typically use to buy their primary home) if the property is owned by a corporate entity such as an LLC, rather than owned personally.  

A great place to start as a real estate investor is your first primary residence. 

I went in and truely gambling with appreciation for 2 years, bought 315k live in as primary residence,exactly 2 years I sold it 550k tax free 2005 .

In case you’re wondering why this government website also sounds like another online pawn shop, here’s their explanation: “Government agencies have these items for sale for several reasons.

I actually just refinanced my primary residence so I pulled out the documentation and it states that I shall agree to move into the house as my primary residence within 60 days of signing the document.