Dallas Texas Native Looking to Get Started in Investing

[Austin Christensen]

Hello everyone,

I live in Dallas, Texas with my wife and son and work in project management for a regional commercial general contractor. I am interested in learning more about getting involved in real estate investing to develop an additional source of income. I'd like to start small and grow my investments over the long-term while maintaining my current employment. Currently, I'm renting and do not have any real estate assets. 

As I get started I would like to stay in the local DFW market. I am particularly interested in the live-in flip or small multifamily house hack and coupling that with a low down payment loan.  I understand that DFW is a pretty hot market, but I'm not comfortable with long distance investing. 

I'm looking to find some local lenders in the DFW area that are familiar with the FHA 203k process. I understand that it's pretty intensive and slow, but I feel like it could be a good option for me IF I can find the right property for it. I'd also like to learn more about Homepath and other owner-occupant targeted programs, as I feel like that will be my only chance to get a property over an experience all-cash flipper.

 I look forward to meeting other new investors in this area looking to learn and talk with people who have gone through the 203k process.

Thanks,

Austin