Paul's Portfolio Profile

[Paul Scalcione Jr]

Hey everyone, I am looking to make consistent cashflow for my retirement and have something that I can pass down to my children. I don't have a lot of cash to put down and will have to be creative In order to buy a property. I am currently living with family and I have a fiancé who shares my same passion. I am looking for deals, educating myself, and listening to podcasts. I continue to learn more and more with each podcast and book I open. I found something I like but it has 7 units and I am getting turned down by lenders because I have no experience. I have been told to start smaller and work my way from there. However, I am ready to jump two feet in to this and treat this like a business. I work 80 hours a week and feel like I'm going in circles. I don't love either one of my jobs. I'm sure a lot of you can relate to this. I want to retire my fiancé. She loves kids and wants to be home with her own. I'm not sure what my next step should be. I am pre approved for a loan and will be looking at more properties this week. I am looking at multi-family properties as my first property to invest in. I like the idea of a apartment complex. The more units the better. The faster I can get rid of one of my jobs the better. Thanks.

Paul from Long Island, NY 

[Paul Scalcione Jr]

Originally posted by @Brandon Turner:

Hey @Paul Scalcione Jr welcome to BP! I'm glad you're listening to the podcast. You should definitely start jumping right in the forums! Also, if you haven't yet, try to setup some "Keyword Alerts." It's great for getting into local conversations.

See you around the site!

Thank you for your help and all your insightful tips on real estate. I look forward to all of your podcasts and speaking with you in the future. I want to be successful like you were and show others that you don't always need money to start an investment in real estate.