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Updated almost 2 years ago on . Most recent reply
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Process of Getting Approved for JVs or Syndications
Hi everyone,
I am currently a college student that will be graduating this upcoming May. Upon my graduation, I will start working at JPMorgan in July. However, I am very interested in investing in real estate at the same time.
That being said, is it possible, and if so, how does one get pre-approved by a lender if they are planning to finance their deals as a JV or syndication? I would appreciate any advice whatsoever.
Thanks,
Josh
Most Popular Reply
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Working W2 at JP Morgan in NYC--you might not have much free time to do anything other than grab a drink with some of your work buddies after work once in a while.
If that's the case...keep your expenses as low as possible and stash absolutely as much money as you can.
Room mates, no car, sack lunch, etc...
Cash is King...
Good Luck!