Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago, 02/21/2021
House Hacking w/ Medical School?
Hi all! I am new to real estate investing and have listened to about 24 episodes of the Bigger Pockets Podcast now. I recently graduated from college with a biochemistry degree and am working as an EMT in North Atlanta with the hope of getting into medical school.
I believe my first investment will be a duplex or a triplex. This will be in whichever city I get into medical school next August 2021. I currently have a steady source of income from working multiple jobs and am living at home to continue saving money. Josh and Brandon have talked about it being much easier to get a loan while I have an income. I have two questions: 1) Based on limited time availability, is this type of house hacking a good first investment? 2) If so, would it be advantageous to seek out a possible FHA and 203k loan before I stop working (to enter school)? I would also have to take out a loan for schooling and some living expenses. Thanks!
Best, Brennan