Advice for Investing with a Full-Time Job

[Reed Meyer]

I am graduating from college in a few weeks and start a full-time job in Chicago in July. As I start investing in real estate does anyone have advice for investing on the side of their full-time job? Do you mostly focus on buy and holds with simple cosmetic rehab (this is my plan)? Or do you adventure into flipping houses and just hire contractors due to your limited time? My concern with this is the significant upfront expenses and the headache that comes along with over-seeing the rehab process. It seems that that would be difficult to juggle while working full-time. What do you advise? Thanks a lot.

[Victor So]

@Reed Meyer Hey Reed, this is from my lender. I asked my lender if you would qualify for a fha loan.

This was her response...Given that you have an offer letter from a job after college:

“He sure can- the college counts as part of his needed 2 years experience and once he has an offer letter for work and 1 month of paystubs he can close on a home!”

Hope this helps! PM me for my lender’s info. 

Victor