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Updated almost 6 years ago on . Most recent reply
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How to start investing with little capital, but have other skills
I graduated college last spring so I have little capital to bring to a deal. I’ve been doing construction work since high school and during my sophomore year in college I started my own contracting company. My company became official and legal in fall 2017.
I want to buy a multi family property to house hack (my market is expensive. South Jersey). I talked to a mortgage lender and they said my company needs 2 full years of consistent income for me to qualify for a loan. I don’t know where to go from here to try and acquire a property.
Does anyone have any advice on how I could maybe use my company or skills in construction to find a partner to get into a multi family house. Also advice on approaching someone with little capital, but have a unique skill and knowledge of real estate
Most Popular Reply
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@Bradley Rieger
I have a lender that I want to refer you to.
I’m a local investor and real estate agent in the south jersey area, specifically Burlington county.
If your DTI is ok, you have options.
I had a similar issue right out of college.
Shoot me a message and I can send you over my lenders contact info.