Question for the big one here that maybe breaks my dreams
Hello I’m 22 years old and I have 50k to invest I want to get a loan of 150k and invest in a multi family that need a rehab and do it my self.
Like buy for 150k and rehab for more 50k
After that rent it until I can sell it for like 220k
And make profit for that it’s nice after the rehab whiles I rent it it’s possible to make 10% a year after expenses?
Or I just a kid and all I’m saying is a fake dream and I will sell my *** for it?