Recent Graduate in Need of Start Up Advice

[Micah Bromley]

I’m 22 and graduated this past May with a degree in Project Management and a minor in Accounting. I had to pay my college tuition myself and have some debt to pay off. The last few months I have started working a job with a nonprofit organization that I enjoy working at for just under 40k. I have been listening to the podcast, reading forums, and started the book “Low and No Money Down” and wanted some feedback on what would be a good first step into REI. I’ve been fortunate enough to live with family friends upon relocation so I currently have no rent or food expenses, but my thought once I move out is to find a duplex or triplex to purchase using FHA 203(k) and house hack. My job will require me to travel at times so I thought I could also airBnB my place while I am gone. I want to implement the BRRR strategy on the multi I origanlly buy and look for another good investment. I have a meeting with a real estate agent tomorrow to get understanding of the market in Charlotte, NC and possibly begin analyzing deals using comps from the MLS. I’m wondering if there might be a better way to begin investing given my circumstances or if there is a better alternative? Any advice is appreciated.

[Micah Bromley]

@Caleb Heimsoth Thanks for the advice Caleb! Clearly I need to do some more research on different financing and loan opportunities.