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Updated almost 5 years ago on . Most recent reply

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Jiwan Nepal
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young aspiring investor

Jiwan Nepal
Posted

Hello Everyone,

I am a 21 year old college senior studying Economics and reside in New Hampshire. I have had real estate investing in my mind for some time now and I know this is what I want to pursue for the future. I know it will be far from easy, I am informed of all the hardships I will face and I am willing to take the challenge head on. I would like to build connections and work my butt off to acquire my first property but I would like some directions. I have read and heard the FHA loan is one of the best first step to take with the amount of money I have saved up. I have a fairly good credit score of high 600s but since I am also a college student I can only work part time job. What would you do if you were in my situation? I know rushing into things is as hurtful as waiting for things to happens so do you think it is smart for me to aim to acquire a foreclosed fixer upper or small multi-family by the time I graduated in May 2021?

Most Popular Reply

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277
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Richard Dale-Mesaros
  • Investor
  • Campton, NH
141
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277
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Richard Dale-Mesaros
  • Investor
  • Campton, NH
Replied

Wholesaling and $10 options are one way you can make chunks of cash with very little risk so you can build up some reserves going into multi-family acquisitions........

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