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Updated almost 6 years ago on . Most recent reply

User Stats

41
Posts
18
Votes
Bradley Rieger
  • Rental Property Investor
  • Medford, NJ
18
Votes |
41
Posts

How to start investing with little capital, but have other skills

Bradley Rieger
  • Rental Property Investor
  • Medford, NJ
Posted

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

User Stats

109
Posts
97
Votes
Joe Sadusky
  • Rental Property Investor
  • Levittown, PA
97
Votes |
109
Posts
Joe Sadusky
  • Rental Property Investor
  • Levittown, PA
Replied

@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.

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