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Blain Thomas's profile image
Blain Thomas's profile image
Blain Thomas
  • Realtor
  • from South Jersey Area
  • Member since Nov 23, 2021

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Blain Thomas's profile image
Blain Thomas's profile image
Blain Thomas
  • Realtor
  • from South Jersey Area
  • Member since Nov 23, 2021
Blain Thomas
  • Realtor
  • South Jersey Area
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Starting Out

Money to Help Purchase My First Multifamily Property

Blain Thomas
  • Realtor
  • South Jersey Area
Posted

Hello all,

My girlfriend and I are slowly but surely saving up to purchase our first multifamily property next year. My NACA councilor said I need approximately 26k to move forward. We've got some saved up now. I like our savings pace, but I'd like to speed it up a bit. How did you guys save up for your first property? Side gigs, second jobs, budgeting, combination of things, etc.

Thanks in advance

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Nathan Gesner's profile image
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Nathan Gesner
  • #2 All Forums Contributor
  • Real Estate Broker
  • from Cody, WY
  • Member since Apr 27, 2010

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Nathan Gesner's profile image
Nathan Gesner's profile image
Nathan Gesner
  • #2 All Forums Contributor
  • Real Estate Broker
  • from Cody, WY
  • Member since Apr 27, 2010
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

There are 168 hours in a week. If you work 40 and sleep 40, that leaves 88 hours that most people waste. Get a second job for just 20 hours a week and you can add 25 - 50% to your monthly income.

  • Nathan Gesner
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