Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

8
Posts
10
Votes
Mary Kim
  • New to Real Estate
  • San Diego, CA.
10
Votes |
8
Posts

3 Year Cash Flow Goal

Mary Kim
  • New to Real Estate
  • San Diego, CA.
Posted

Hi guys!

I’m 21 & am making 75K + 2-3K(ish) per month in commission. I have about $35K saved up & would ideally like to use maybe 20K on my first investment property. My credit score is something like 730 as well. In 3 years, I want to travel the world without worrying about jumping from job to job.

I live in San Diego & my big goal is Cash Flow so I've been looking at long distance investing. I'll hit my 2 year W2 FHA qualification January 2022! I was planning on getting my first place in SD when that time came, but I was just curious if anyone had suggestions on my particular situation.. if you were me, what would you do? I live with my parents right now, so if it made sense to just stack up on out of state investment properties while living at home for the time being, I'd be down to do that too.

I’ve dabbled in the idea of linking up with a realtor on my first out of state property but just feel a little stuck in regard to what I should actually do. I’ve been reading/learning this past year (my growth year I call it lol) & I’d love to start taking action. Any tips are very much appreciated!!

Loading replies...