Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Invest now or after medical school?
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.