First Time Investor

[ArieAna Overstreet]

Hello everyone,

I am looking to begin my career in Real Estate Investing. I have looked into a few ways to start off but would like to connect with people who are having success and can walk me through how to start. The two options I am looking into are House Hacking and Wholesaling. 

ArieAna O

[Lindsey Mannix]

Quote from @ArieAna Overstreet:

Quote from @Lindsey Mannix:

Hi ArieAna,

Congrats on making the decision to invest in yourself and future with RE investing! Of the two options you mentioned, I personally love house hacking. It is a great starting point to get your feet wet. Once you've identified your market and where you'll be purchasing to house hack (or if you'll do it out of the home you're in today) you'll be off to the races to start your journey. Happy to answer questions for ya along the way :-)

~Lindsey

Thank you so much for your response! This is very helpful. In your experience, do you feel house hacking is the best way to get started in investing or have you found another avenue that works better?

 I believe house hacking is great to start as you can purchase a property as your primary residence (little to no money down) and get the best possible interest rate by doing this too...so for those reasons, it's 'best' if cash to enter the market is low. If you have the cash and want to venture into buying a separate rental from your primary, I would do that over wholesaling personally. 

~ Lindsey