Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Malena Johnson

Malena Johnson has started 1 posts and replied 2 times.

Quote from @Theresa Harris:

Make an appointment with your bank and talk to them.  Find out how much you qualify for.


 Thank you for your reply! I appreciate your advice! 

Hi, 

I'm very new to this community and I've been watching a lot of videos, listening to podcasts, and reading books. I feel like I have retained a lot of information it's just that my next step would be to actually start my real estate journey. I am looking to buy at least a condo or something I can afford to get my foot through the door with building my portfolio. I have been communicating with a long term family friend also broker and fellow real estate investor in the OC area. He has told me that I don't make enough income to qualify for an FHA loan (I would need to make 10k a month and I only make about half that). I also have a partner who would apply with me but even then we wouldn't qualify because I look like I have low income for right now. I am wondering if there are any other options for me to get started with building a portfolio, or specifically buying a home/property. I don't know if I have given enough information to have anyone give some advice but if there are any questions that I can answer, I definitely will!