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Updated about 9 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Courtney Wozcoz
  • Saint Petersburg, FL
2
Votes |
9
Posts

advice ?? Thank you

Courtney Wozcoz
  • Saint Petersburg, FL
Posted
I'm 29 yo, living in St Pete FL. Recently graduated from medical school, general practice. 300k student loan debt, several loan at 7.9%. I realize I can't make this return. But I genuinely enjoy real estate and have been waiting a long time to get my foot in the door. I have 30k in savings Thinking about purchasing a property 20% under market value...10% forced appreciation like in Brandon's book. In St Pete, 100k or less 3/2/2 put 10k into it. B neighborhood. I would do FHA loan, 30 yr fixed. Thoughts? Give me your guidance! THANK YOU

Most Popular Reply

User Stats

227
Posts
114
Votes
John Santero
  • Investor
  • Chattanooga, TN
114
Votes |
227
Posts
John Santero
  • Investor
  • Chattanooga, TN
Replied

first of all - congrats that you are actively looking and ready to pull the trigger on your first RE investment.

I didnt see what the end game is? Are you looking to build a RE investment portfolio with long term holds?Or is this for you and your family? You need to get a strategy and goals first before you look at purchasing- let us know...

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