Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 16 years ago,

User Stats

2
Posts
0
Votes
J L
  • Georgia
0
Votes |
2
Posts

College student in debt w/ no cash flow...

J L
  • Georgia
Posted

Hey all,

I'm a senior in college and currently have no cash flow (and $20k of student loans). Next semester I'm only taking one class and was considering getting a job. Next year I will take some more classes and apply to medical school while working close to full time.

I have always been interested in real estate investing, and if I had any kind of cash flow I would totally buy rather than rent. I've been considering spending my time next semester and next year doing some sort of investing and building up some assets rather than getting a job and putting money in someone else's pocket.

However, in my position is there anything I can even do in real estate? I have credit (not sure how good it is...), but no collateral, no cash flow, and existing debt, so I doubt I would be able to buy a place unless I came up with some creative FSBO financing. I would love to get into this later though. At this point in my life, though, what could I do? What would be some good books? I was considering getting my agent's license, both for the education and the possibility to make some comission.
Thanks for the help!

Loading replies...