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Updated about 2 years ago on . Most recent reply

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Am I Prepared for this?

Posted

I just started a W-2 job in June, I have moderate savings, and a car loan. I wanted to house hack next year summed, but is it too soon? Money isnt a huge issue, I would be going into the purchase with personal savings as well as a gift from my parents. I just started getting into real estate a couple weeks ago and I was aiming to be in it by next summer, but I dont plan on staying in the area I’m in for more than 1.5 years from now. I was looking at this first one as “im here right now and I could house hack, it may not be profitable but thats okay I got the experience of buying and landlording” 

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Eliott Elias
  • Investor
  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Buy right now, find something you can eliminate living expenses on for a year or two and rent out your side once you vacate 

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