21 with a $70K salary...where to start?
I am 21 years old and just graduated from college May 2015. I am still at my very first job making $70K annually (very fortunate) and am wanting to start investing in real estate. My one year anniversary at work will be this June and I plan on buying a house. How much should I spend and what size house should be my first?? Also, does anyone have experience with advertising on small acreage such as off highways??
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I would look into buying a duplex that you live on one side and rent the other side out. You can still get an FHA loan, put 3.5% as a downpayment and use the other side to rent and cover your mortgage. You get investing and landlord experience and basically can live for free. Just my opinion.