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Updated almost 9 years ago on . Most recent reply

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Justin Turner
  • Texarkana, TX
0
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5
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What do you guys think?

Justin Turner
  • Texarkana, TX
Posted
I'll be blunt and simple. I'm 22 years old. I have had same job now for roughly 2 years. My average annual income is $35,000 w2. I work with timber with my dad on the side which in 2014 brought in a extra $42,000. But 2015 only extra 4,000. So it's not very consistent. I want to buy rental properties. I'm a great saver. 25,000 yearly savings. Living with parents. With my 680 credit score and 35,000 yearly income. No debt. And 30,000 savings. Not including 401k which is not very big. I have been listening to BP podcast for over 2 years now. Thanks in advance.

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2,953
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

sounds like you're in good shape to get started.

when I bought my first house I had $1000 to my name, put nothing down

when I bought my second house I put $3500 down and had less money than you do now.

go buy something dude!

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