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Updated over 3 years ago on . Most recent reply

User Stats

1
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1
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Yiovanny Pagan
  • New to Real Estate
  • Philadelphia
1
Votes |
1
Posts

New to Real Estate Investing

Yiovanny Pagan
  • New to Real Estate
  • Philadelphia
Posted

Hello everyone 

My name is Yiovanny pagan I'm a 22 year old single renter living Philadelphia. I'm currently saving 37% of my monthly income towards funding my first multi family investment property. I've got zero background in real estate or any friends in the field so a lot of my knowledge has came from reading books on real estate and listening to the bigger pockets podcast. My question here today is how realistic is it for me to begin this journey in the current housing market or should I just take what I would've invested in RE into stocks? I've went through the NACA program and was pre-approved for $150k which from what I've seen units sell for… is Pennies. I'm currently working more hours in hopes I'd be approved for more but at this point I'm really questioning whether it's worth it? Thanks in advance for any responses or recourses!

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