Updated over 4 years ago on . Most recent reply
Getting Started In Real Estate Investing
Hello Members of BiggerPockets!
I am very conflicted as to where I should get started. I currently reside in the suburbs of Chicago and to say it is a seller's market is an understatement. I understand that taking action is the most important in real estate investing but I am struggling to commit in such a inflated market. Because of this, me and my friend (partner) believe that a house hack might be the most viable strategy in this market. We are currently working with around $20,000 in cash and are leaning on getting a FHA 3.5% down loan. Taking into consideration the factors in the current market and chiacgo land area, should we consider a different strategy, or stick with our current plan?
Most Popular Reply
Personally I would not wait for a dip that may never come