Updated about 2 months ago on . Most recent reply
real estate investing advice
Hello everyone anyone on here from around kansas city?? My name is Paloma im 25 years old. i came on here to get advice on how to start real estate investing. If you know of any podcasts, good books or a channel i can follow to get more mentorship on this topic please let me know! im really excited to just take action but i know theres alot i need to learn...
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Owner occupied strategies are going to be the easiest way to get started. My wife and I started with a live-in flip. That or a house hack (buy a single family home and rent out the bedrooms or a small multifamily and rent out the other units) presents the lowest barrier to entry. Owner occupied loans start at 3.5% down as opposed to the standard 20% down for an investment loan.
It's a long game and slow and steady still wins the race. You'll find plenty of information on the BP podcasts and content for new investors. Feel free to shoot me a message if you think that I can be a resource. We've done live-in flips (on our 3rd right now), short term, mid term, and long term rentals.