Updated almost 7 years ago on . Most recent reply
My very first investment property
Hi Everyone my name is David Gamble and I’m a engineer students that has a year and a half left in school and I’m looking to purchase a multi family home which I’ll be living in one unit and will be renting out the other unit. I’m actually going on a engineering co-op this coming semester which will potential turn into a job offer after I graduate. When I spoke to a mortgage broker he stated that I should wait until I graduate to pursue a investment property because that’s not showing consistent income. Should I listen to him or should I keep pursuing investment properties now? He also said with the income I’ll be generating from my co-op I could afford a 200,000 investment property.