Looking to get into multi family!

[Hunter McGough]

Hey! My name is Hunter and I’m 26 years old and I work as an inspector for bridges and roads. I’m looking to get out of the rat race and become financially free! My older brother does multi family and I figured why can’t I do it too!? I have a relatively good savings put away but will continue putting more away and am looking to learn the ins and outs of figuring out financing, getting the right numbers and closing! My goal for the end of 2023 is not to close my first deal but to be able to understand it all and be able to make an offer on one. Hopefully there are some like minded minds out there looking to do the same!

[Ray Hage]

Hey Hunter! Keep that job for as long as you can stand and continue buying properties until you have a great enough cashflow to quit your W-2. Keep building up your savings (this means delayed gratification), get your credit score up to the high 700s if it is not already and start analyzing the market now, today(!) so that by the time you have the funds, you really understand what a good RE investment is. You got the right mindset, now you just need to take the right actions before getting into your first investments. 

My advice is go to local RE meetups and network with realtors, mortgage brokers, seasoned investors, etc in your market. Building a team before you're in the game will help a ton