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Updated almost 4 years ago,
Getting Started on the Right Foot
Good morning, fellow real estate enthusiasts. I'm currently in a rut, and would greatly appreciate any quick insight as to how to move forward: I'm a 21 year old student and D2D salesman during the summer months, and am projected to make six figures this coming summer leading a team in Chicago. In the fall, I plan to move to Provo, Utah to finish online school and begin my real estate investing journey. I am unable to qualify for any conventional loan until the Spring of 2022, as that is when I will have two years of tax returns with my 1099 income. My primary objective is buy-and-hold investing, with a specific interest in smaller multifamily properties. I've looked into creative financing such as HML or owner-financing, but in this seller's market, the sellers are really thirsty for cash offers, which they usually have no problem finding. How can someone like myself, with enthusiasm and a large network, set myself up best for when I can start buying properties next Spring? I am particularly interested in the apprenticeship model, or just helping people do their deals/run their business and getting inside experience prior to starting on my own. I would also be interested in getting involved with flipping properties to get my feet wet until I can really start to build a portfolio. Let me know your thoughts!