20 year old graduate asking for advise

[Maicoll Gomez Noriega]

Hi,

My name is Maicoll Gomez. I just graduated college a year early with two degrees so I can help my family. We live paycheck to paycheck and we have saved up some money (50k) so we can put a down payment on a house hopefully in Jersey City, or Bayonne. I have a good credit score 750+ but no job or income at the moment. How do you suggest I go about this? 

Thank you in advance, I appreciate that you took the time to read this. 

-Maicoll

[Juan Cabrera]

Welcome Maicoll

My personal suggestion is to get pre approved for a mortgage. Explore your different types of mortgages/loans. Also, see what you can afford. Unfortunately, Hudson county is expensive. I would start with some type of house hack and purchase a multifamily, that’s how i started. Good luck