advice ?? Thank you
I'm 29 yo, living in St Pete FL.
Recently graduated from medical school, general practice.
300k student loan debt, several loan at 7.9%. I realize I can't make this return. But I genuinely enjoy real estate and have been waiting a long time to get my foot in the door.
I have 30k in savings
Thinking about purchasing a property 20% under market value...10% forced appreciation like in Brandon's book.
In St Pete, 100k or less 3/2/2 put 10k into it.
B neighborhood.
I would do FHA loan, 30 yr fixed.
Thoughts? Give me your guidance! THANK YOU
Most Popular Reply
first of all - congrats that you are actively looking and ready to pull the trigger on your first RE investment.
I didnt see what the end game is? Are you looking to build a RE investment portfolio with long term holds?Or is this for you and your family? You need to get a strategy and goals first before you look at purchasing- let us know...