New to Bigger Pockets - Looking to Make 1st investment

[Jacob Nevarez]

Hello, 

Nice to meet everyone! I am a new listener to the channel and looking to make my first investment. After years of saving, I finally have enough for a nice downpayment on a multi-unit or SFH. I'm looking to get pre-approved sometime next week or potentially by the end of the week. I'm excited to start this real estate journey, which is entirely new to me. Everyone I have met in my profession and/or family are either renters or SFH homeowners, so my only guidance on investing has been from the podcast and YouTube, LOL! Always open to connecting with experts, especially in Chicago, or even people starting their journey.

[Wale Lawal]

@Jacob Nevarez

To make a successful real estate investment, get pre-approved by a lender, consider multi-unit or single-family home options, research the Chicago market, and network with local investors. Building relationships and learning from others can help avoid costly mistakes and ensure the property will cash flow or break even in worst-case scenarios.

Good luck!