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Updated over 6 years ago on . Most recent reply

User Stats

4
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1
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Matthew Cooper
  • Rental Property Investor
  • Jacksonville, FL
1
Votes |
4
Posts

First Rental Property

Matthew Cooper
  • Rental Property Investor
  • Jacksonville, FL
Posted

Hello All,

I am looking to purchase my first investment property this year. I am a college student and do not qualify for a conventional loan and do not have much money to invest. I am connected to many cash buyers through networking events. I have a couple wholesalers who send me deals each week so...

1)How do you recommend I fund my first deal?

2)What type of property should I go after?

3) Should I do some fix/flips partnering with my cash buyers to build my NOI in order to qualify for a conventional loan?

Looking for best advice and strategies for college investor. I know that this is 100% what I want to do for the rest of my life. Anything helps! Thanks :)

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