My Situation (First Post)

[Michael Weleski]

I am a 20 year old college student looking for advice on what to do in my current situation. I work 2 (soon to be 3 jobs), live at home, attend college, have 20 grand saved up on top of stocks and an IRA. Should I pull the trigger on a investment property now or should I wait until I graduate college to purchase something?

[Chris Seveney]

Quote from @Michael Weleski:

I am a 20 year old college student looking for advice on what to do in my current situation. I work 2 (soon to be 3 jobs), live at home, attend college, have 20 grand saved up on top of stocks and an IRA. Should I pull the trigger on a investment property now or should I wait until I graduate college to purchase something?

 Welcome to BP and this is a very tough question to answer. If there is a deal out there that makes sense then I would not hold back from pulling the trigger, but I would say I would not "force" a deal. When getting started its a careful game of making sure you are ready and have funds and do not rush it, as one bad deal and if it goes real bad can slow you down by several years, which you do not want to do. So I would focus on continuing to build / save money and if a deal comes along, then look to take advantage of it, but do not force things or manipulate #'s to make a deal look better than it is.