Medical Student Investment

[Nick Smith]

I’m currently a full time medical student in the Ft. Lauderdale area with 2 years until I graduate. I have been renting and paying a $1000 a month in rent for years and I’m fed up with it. 

I have been researching the market and trying to figure out if it’s feasible to pull off buying a house to live in. That way i could rent out the additional rooms to cover the majority, if not all of the mortgage, and not feel like I’m throwing away $12,000 a year of my loan money to an apartment. 

Since my dad is a general contractor, I was originally thinking of doing a BRRRR being that he would be able to help in any rehab work and he would be the one potentially covering the costs of the rehab. I already have 2 roommates lined up that would rent rooms and finding more if space permits would not be an issue. The problem I'm running into is that I am currently taking out loans and also don't have a job since school is a full time thing. I have about $10,000 saved up that i could put towards a down payment.

Are there any banks that would give me a loan considering the circumstances, or are there any other ways to go about doing this? Maybe something else that comes to one of your guys minds instead of a BRRRR?