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Updated almost 7 years ago on . Most recent reply

User Stats

61
Posts
4
Votes
Julius Dixon
  • San Francisco, CA
4
Votes |
61
Posts

Recent grad saving and frustrated

Julius Dixon
  • San Francisco, CA
Posted
Hi BP I hope all are having a great day! I am about two years out of college (graduated in 2016) and I’ve been learning / teaching myself about real estate investing each day for about three years now. A good chunk of my savings from my w2 work goes, and always has gone toward my first deal downpayment (I did finish college with large loans which I’ve paid a fair portion of), but as this is essentially my number one priority for my cash and in turn how I spend my time due to this constraint, it has been quite tough personally to play this waiting game. I have only lived in high priced markets (NYC and SF) since graduating, so the owner occupied route is not one beginning with, and I’ve been saving to put down 25% in my Home of Chicago. I’d love to hear how others got through this beginning waiting stage. I feel the longer I wait / save to begin, the longer my life is on hold. Thanks Julius

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