Recent grad saving and frustrated
Hi BP
I hope all are having a great day! I am about two years out of college (graduated in 2016) and I’ve been learning / teaching myself about real estate investing each day for about three years now. A good chunk of my savings from my w2 work goes, and always has gone toward my first deal downpayment (I did finish college with large loans which I’ve paid a fair portion of), but as this is essentially my number one priority for my cash and in turn how I spend my time due to this constraint, it has been quite tough personally to play this waiting game. I have only lived in high priced markets (NYC and SF) since graduating, so the owner occupied route is not one beginning with, and I’ve been saving to put down 25% in my Home of Chicago. I’d love to hear how others got through this beginning waiting stage. I feel the longer I wait / save to begin, the longer my life is on hold.
Thanks
Julius