Updated over 9 years ago on . Most recent reply
Hello all!
Hello everyone!
I am very new to real estate investing but I have a hunger to succeed in this market. I stumbled upon bigger pockets during my research for more information and knowledge and I think it is a great resource!
I am currently looking into making my first purchase and start my real estate investing journey! Any advice or constructive criticism is welcome!
My plan is to save up enough money from my day job ($1000/mo) to put down a down payment through an FHA loan on a multi family home where I would be living in one of the units and renting the others out. I feel like I would have enough by mid next year. I live in the Bay Area so the cheapest homes of this type that I have seen (on mls) are in the 400k-500k range (this info was from a duplex I saw). I feel like this is a good plan to get started. What do y'all think?