All Forum Posts by: Anthony Lyons

Thank you all for the wonderful advice .

Before I start my journey in real estate investing should I pay off all of my credit card debts and student loans? 

Will having a high debt ratio make it hard for me to receive financing?

Thanks Adam. I listened to the podcast on the way to work and the conversation that BiggerPockets had with Matt and Liz has given me a few ideas on how I can help my wife see the benefits of real estate investing. I loved the podcast so much I subscribed to the BiggerPockets podcast channel and plan to listen to a podcast every morning.

Thanks Again! 

Hello Everyone.

My name is Anthony Lyons and I am very excited to start my journey in real estate investing. To provide a little background, I have had the opportunity to buy two houses so far. The first house I bought was financed through FHA and was a fixer upper. I sold it after 2 years of living in the house and was able to gain a profit of $20,000. I used that to buy another bigger more expensive new construction house that I am currently living in. I have lived in this house for a year now.

The path in investing that I plan to take is to rent out single family homes, but I am not 100% sure if I should try and put my current home up for rent or save up to buy another home. I have discussed this with my wife but she currently doesn't think real estate investing is a good/safe idea.

What can I do to help my wife see the benefits of real estate investing? Where should I start my journey in renting out single family homes?

Thanks in advance