Invest now or after medical school?

[Carlos Cevallos]

Hello Everybody,

I am new to RE, and as of late it has become one of my passions. While I really want to get into it, I am wondering if it is the best course of action for me at this point in my life. I have recently graduated college and am in a job where I will make around 27K this year, however I plan on starting medical school next fall (Assuming that I get accepted). My ideal plan would be to house hack a house near my future school and live for free for four years. However, while my credit score is 700+ I don't know if I will have enough money or if I will be able to qualify for even an FHA loan due to only working for one year.

Does anyone have any advice or recommendation on whether I should try and invest during this gap year, possibility of qualifying for an FHA loan, or save during the next four years and invest once I am out of school?

Thank you.

[Andrew Johnson]

@Carlos Cevallos Okay, I'll go ahead and be the person that says DON'T DO IT!  Why?  At the outset you haven't said if you're going to apply locally or apply to 20 schools across the U.S.  Assuming you want to be a doctor it's not like you have a ton of free time while you're going to medical school.  Are you really going to want to get calls from tenants or property managers when you're doing your residency and sleeping on a cot in the hospital during a rotation?  Focus on getting your M.D., get a great job, and you'll have plenty of excess income to invest at that point.