St. Louis rental property
Hello everyone! I am completely new to real estate and have been listening to bigger pockets now for about 2 weeks and already it has changed my thinking of striving to have financal freedom! I love the idea of a passive income and would most likely take the buy and hold apporach to rake in that rental income.
Some questions I have before getting started is 1 should i apply for a bigger loan and purchase 2 properties or stick for one more expensive rental property? 2 what are some good tips for learning the market around me? I live in dogtown right next to the St. Louis zoo! I would love to stay around this area. I am very curious about how a FHA loan works because we could not afford a large downpayment if anyone has more details on that, that would be awesome! Also how should i go about finding a realtor? I appreciate any advice thrown my way, I am here to learnand eager to do so