New to Real Estate Investing in MA

[Nick Grammas]

Hi All,

I am 25 years old and graduated from college three years ago. I currently work in commercial real estate and am incredibly interested in investing in real estate and work part time at a restaurant for extra cash to save for investments. I have read books on real estate investing and listened to so many podcasts on investing. My goal would be to target 2 to 4 family properties, ideally on the North Shore, and would be looking for long term holds and the BRRR method. The biggest challenge I see with real estate investing is that the real estate market in the Boston/Greater Boston market is crazy right now. Home prices are very high and, as a young professional out of college, the down payment is a major challenge for me. Honestly, I look at homes for sale in various markets throughout New England every day and want to get in the game, but do not know where to start because of this challenge. I have looked into various solutions like syndications, partners, FHA loans, hard money loans, etc. but am really looking for some advice to overcome this challenge. I would be happy to hear some of your stories and any advice on that would be greatly appreciated.

Additionally, I would like to begin making connections with other real estate investors in my area. Whether that is through LinkedIn, networking events, or just grabbing a coffee, I would love to start building my network and learning from you all. If there are any resources (BiggerPockets or elsewhere) that you suggest I would be eager to hear your suggestions.

I appreciate all of you for taking the time to read this, and please feel free to reply or reach out.

Best,

Nick