New Member from Los Angeles, CA
Hello Everybody,
Newb here. I came across Bigger Pockets while searching for something investment related on Sound Cloud. After going through this material a couple times, I finally decided to drink the Kool-Aid and here I am.
So about me... I'm a younger fella who just got out of college and entered the work force. My real estate investment game plan is to purchase a single family home in the Riverside/ San Bernardino area with as little leverage as possible; I've come to the conclusion that low leverage pairs beautifully with my inexperience. With little to no debt on that first home I should be able to save up another large down payment using the cash flow and my own income. My second purchase would have a little more leverage than my first because the knowledge from the first investment would offset the risk of slightly higher debt. My second purchase and every other thereafter would be a multifamily to decrease the travel between properties.
I'm still saving up for my first down payment so the only aspect of my game plan that I can work on at the moment is education. School me Bigger Pockets...
Best,
Carlos