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Updated over 2 years ago on . Most recent reply

User Stats

9
Posts
9
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Joshua Morency
  • New to Real Estate
  • New York City
9
Votes |
9
Posts

Process of Getting Approved for JVs or Syndications

Joshua Morency
  • New to Real Estate
  • New York City
Posted

Hi everyone,

I am currently a college student that will be graduating this upcoming May. Upon my graduation, I will start working at JPMorgan in July. However, I am very interested in investing in real estate at the same time.

That being said, is it possible, and if so, how does one get pre-approved by a lender if they are planning to finance their deals as a JV or syndication? I would appreciate any advice whatsoever.

Thanks,

Josh

Most Popular Reply

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5,181
Posts
5,220
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Scott Mac
  • Austin, TX
5,220
Votes |
5,181
Posts
Scott Mac
  • Austin, TX
Replied

Working W2 at JP Morgan in NYC--you might not have much free time to do anything other than grab a drink with some of your work buddies after work once in a while.

If that's the case...keep your expenses as low as possible and stash absolutely as much money as you can.

Room mates, no car, sack lunch, etc...

Cash is King...

Good Luck!

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