Skip to content
Starting Out

User Stats

7
Posts
5
Votes
Joseph S.
  • Investor
  • Washington DC/PG County
5
Votes |
7
Posts

22yo ready to get my hands dirty...only problem? Crazy Market!

Joseph S.
  • Investor
  • Washington DC/PG County
Posted Jan 24 2021, 15:17

Hello Everyone! I just graduated from college in May, been working remotely since then saving money and studying the market to get into my first deal. I was planning to househack a tri- or 4plex using FHA financing, but the market has drastically changed over the last few months.

In the areas outside major metro areas which were easier to find deals in pre-covid (looking in NYC/NJ area for example), everything in the residential market is much more expensive and competitive. I was keen on getting experience (even if this means finding a single family instead), but is it wiser to wait and see if the market fluctuates? 

Loading replies...