Should I wait to start investing or seek alternative strategies?

[Lucas Price]

Hi,

I’m 22 and my wife, 23, and I just graduated college, got married, and moved in together into a rental property. We don’t make a lot of money, my wife is still in school to become a nurse so she works part time, and I work at an entry level position at a hospital. I want to purchase a buy and hold investment property but lenders don’t like giving loans to broke young people. We have good credit, about 730 and 745 respectively. But we make about 45k/ year.

The properties in my area, Frederick Maryland, are going for mid 300’s to low 400’s. I can’t get pre approved for more than 200k. Should I wait a couple years to build up a nest egg to invest with? Should i try to wholesaling a couple properties to get started? Any ideas? I’m new, thank you all for any and all suggestions!