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Updated almost 8 years ago,
Am I Thinking Too Big?
Hey everyone,
I'm looking to purchase a 4 unit rental property in the greater Boston area at the end of 2019. I'm still in college, have a ton of student debt, don't have a steady job, and still have much to learn about RE investing (hence why I don't plan on buying until a few years).
I plan on living in the building and hiring some help with managing the property. I'm dedicated to learning and saving until I have at least $15,000 to go into the deal, but I still worry: Am I going to be in over my head? And will I be able to secure financing with a low down payment in spite of my student debt?
Thoughts?