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Updated almost 5 years ago,
New Investor Introduction
Hey guys,
I am not quite an investor yet, but am doing my research every day (most of which comes from BP). I constantly watch the forums and read the blogs, as well as listen to the podcasts. I want to introduce myself and start meeting people!
My name is Aaron Rosendale, but I go by A.J. and am 26 years old. I work full time in a warehouse and love the job, but have been considering where my life is going outside of work. Once I learned about real estate investing, I knew it was the path for me.
I am near New Haven, CT, and would like to buy my first couple properties close to home (within a 30 minute drive). After that, I plan on moving out of CT, and purchasing properties in the midwest, near the IL/MI area.
My ultimate goal is to double my current salary, through passive income rentals via buy and hold strategy. I like working everyday, but want security incase I either get laid off, or decide to leave. Because of this, I feel that a partner might be a good idea down the line.
My current situation is tough. I want to dive into the field, because working hands on is the best way for me to learn. Trial by fire had always worked in the past. Thing is, I am stuck in a lease and have no capital. Because of this, my loan options are limited to government backed loans, and they require owner occupancy. The one good thing I have, is credit. So if I find a partner to work with, I may be able to get this going without having to live in the property right away.
Right now, I am just looking for people to talk with and learn from. If you have any ideas on how to get started, or any stories from similar situations, I would love to hear them. Any recommendations are welcome, because I'm just trying to learn as much as possible. Thank you all!