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Updated almost 4 years ago,

User Stats

4
Posts
1
Votes
Nelson Maldonado
  • New to Real Estate
  • New Jersey
1
Votes |
4
Posts

Learning about REI with a little Fork in the Road

Nelson Maldonado
  • New to Real Estate
  • New Jersey
Posted

I am a 30 y.o. Mathematics teacher in Hudson County, NJ and I currently rent an apartment with my wife (also a Math teacher). We were blessed to have a little baby to enter our lives early this year. During this pandemic, we were given tons of time to reflect on life, self, and investments. Growing up we both came from families with generational poverty and are breaking these generational trends.  My wife and I both are interested heavily into investing in real estate buy and hold properties and are ready to jump into the action. We have spent the past year saving and researching as much as we can.  However, with the Baby now in our lives our journey has hit a fork in the road. 

Our major fork in our plan moving forward is: 

1. SFH for our family and choose to establish roots for our little family. (Delay the process of investing a calculated 3 years)

2. Continue with the plan of investing. 

Was wondering if anyone had a similar situation and their outcomes or started later in investing and turned out just fine?

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