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All Forum Posts by: Johnny Choi

Johnny Choi has started 1 posts and replied 2 times.

Post: New to investing in real estate

Johnny ChoiPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 2
  • Votes 2

@Race Ostler, @Joe Moore, @James Wise

Thank you guys for your welcoming words and great tips.  I will definitely look into it! It's so hard to take that first step into the real estate world. 

Post: New to investing in real estate

Johnny ChoiPosted
  • Real Estate Investor
  • Los Angeles, CA
  • Posts 2
  • Votes 2

Hey guys, my name is Johnny, 26 years, and live in Los Angeles, CA. I recently read rich dad poor dad and it really got me interested in investing in real estate. I don't have much money saved ($10,000) and I sit with a bad credit score of 640. I can currently save $1,500-$2,000 a month. I also have the maximum amount given on a VA Loan which I was thinking of getting multi-family home. I was wondering if anyone could give me some information, guidance, and recommend me some good books.

Should I be saving a certain amount of money before I get started or should I start with my VA Loan? Thank you for your help.