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Updated over 9 years ago on . Most recent reply
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Looking to purchase my First Investment Property.
Hello,
My name is Naeem Boucher, I am a college graduate and currently I am employed working in a field that I enjoy. I am a soccer trainer for a professional soccer team in their youth programs. However, I have been quite fascinated with the idea of being able to own your own land. By doing so I understand the possibility up cash flow, equity pay down, and appreciation. I wish to one day be able to establish enough passive income to the point it surpasses my job income. Of course that is ideally the end goal in mind, I am looking to get the ball rolling on my first property. I have been saving up for my first investment property and I have 20k saved up currently working towards hitting 25k by august. I am looking to put myself in a situation where I can live for free while having some cash flow at the end of the month to put away. I am having trouble qualifying for a mortgage because my second income cannot be included just yet because I have not established 2 years of work history there. Now, I have just been saving up patiently waiting. I have been looking to see if there is any other options, such as partnering on a deal, renting to own or lease option homes. Please any information I will greatly appreciate it. I am just looking to get the ball rolling, half of something is better than nothing at all. I dont have much experience yet, but apparently this social site is full of successful real estate investors that have the experience. I look forward to hearing back from you all. (This is my first post ever on the site)
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