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Updated almost 5 years ago on . Most recent reply

User Stats

67
Posts
18
Votes
Raven Walker
  • Specialist
  • Clementon, NJ
18
Votes |
67
Posts

What was your first step?

Raven Walker
  • Specialist
  • Clementon, NJ
Posted

Hey everyone,

I’m curious to know everyone’s entry into investing? What sparked your interest and also what was the first step you took into financing your first deal?

Most Popular Reply

User Stats

304
Posts
185
Votes
Andrew Powers
  • Investor
  • Cincinnati, OH
185
Votes |
304
Posts
Andrew Powers
  • Investor
  • Cincinnati, OH
Replied

I was making a good salary and decided I wanted to buy a house and rent rooms to reduce my mortgage payments. I couldn't see myself paying for it myself. A friend recommended BP and I found out that this is called house hacking. I then educated myself on REI, and learned about low down-payment loans. Ended up choosing the 3% down first home buyer conventional loan.

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