Hey BP Community, I need help finding my path to getting into real estate. To give some background, I am a 21-year-old engineering graduate and just started my first salary job ($80,000+), living in Salt Lake City, UT. I have some real estate experience as a commercial real estate agent for the last few years. I currently have about $30,000 I am planning to invest and I don't have any student debt, credit card bills, or "real" expenses (I live at home). Right now I am looking for a starting point to invest while I have the opportunity to save my money without life expenses.

I need advice on what creative ways I can invest my cash or finance deals. I can do in-state, out-of-state, anything. I have a preference for cash-flowing properties, but they are hard to find in my area. I am also willing to do vacation rentals, wholesaling, BRRR, fixer-up properties, off-market deals, fix & flips, etc... I have a pretty wide range of types of real estate I am looking into, but I lack knowledge into what is feasible for me (especially in terms of what I can finance). As far as financing goes, I have now a steady income (although a small history), a FICO score over 760 (but never had a loan), and my dad who could co-sign if needed. I know there are a million ways to invest and everyone has their path, so I just need some direction to find what will work the best for me. Any advice on what investments seem to fit my situation and finances would be a huge help to getting me started.

And if there is anyone in the Salt Lake Valley who is willing discuss further, please feel free to reach out.

1st Real Estate Investment

Most Popular Reply