5 Replies

Just a regular (okay, not really) working professional with a passion to be free from student loans! REI seems an awesome way to go! I have watched a few youtube videos and read some articles but still feel like there is some secret voodoo to all this. I was actually in the market as a first time home buyer myself, when I unexpectedly got a huge increase on my monthly Income based Repay due to...you guess it, increase in income. This is no fun!! This is unacceptable! I need help. Will I need a an attorney for everything? How do I find flippers? Should I join these REI guru sites to make things easier?

@Desiree Cummings Welcome to Bigger Pockets !  You're in the right place for learning.  Check out the Podcast and the Ultimate Beginners Guide.  That will get you pointed in the right direction.

You don't need an attorney for everything.  You could use a closing company to close on properties and you'll need a good realtor, home inspector, and loan originator.  

You probably could network some if you have a local Real Estate Investors meeting (REI) and find flippers, wholesalers, and buy and hold people. You'll probably find realtors there too.

As for joining the REI guru's sites ..... you've already joined one here at BP and its free.

@Desiree Cummings

If you can still qualify for as a first time home buyer, use the low down payment loan to buy a 2-4 unit property. Live in one unit and rent the others (house hacking). If you buy right, the rent will cover the mortgage and expenses of the property and you live for free! 

There is TONS of info on this site and its all free too!

@John Kesner and @Aaron Howell thank you guys so much for the information. I just saw a webinar from Brandon and plan to upgrade to Pro, buy some of his books and consider some of these leads I have saved on Zillow  :-) 

Hi @Desiree Cummings .  Welcome to BP.  In my opinion, those podcasts are the way to go.  Listen to them all.  Good luck!

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