Updated about 2 years ago on . Most recent reply
Seeking Advice for First Investment
I'm currently at the halfway point of my 3rd year in college. I'd love to form a rough plan to invest in a rental property as soon as possible after I graduate in 1.5 years. I'm exploring financing options such as FHA loans and jumping homes to house hack, conventional financing through a mortgage, and hard/private money lending.
Upon graduation I should have about $110K in cash to invest. I'm ultimately looking for models to follow based on your success stories. Thanks!
Most Popular Reply
Zachary,
I agree with Wale on steps you could take, but I would also like to ask where you live now? Do you own or rent? Why must you wait another 1.5 years to start investing? If you know you want to invest then I would continue to educate yourself on the business to include financing options. There are many on this site that go to school fulltime, or have fulltime jobs, or multiple jobs and yet still invest. I say if at all possible get started now.