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Updated about 9 years ago,
Should I start now?
Hello Everyone!
Recently I received a mail from a loan company saying i was prequalified for up to 35$k credit line. I want to be a real estate investor using a mixture of buy and hold and appreciation strategy. I don't have any money saved up, currently building my credit through a car loan from chase and two credit cards. My parents agree with my plan of buying property and said they would help me after graduation, but im thinking i can just use the line of credit as a down payment now for a multifamily around campus and house hack. Would that be a good idea or should i be patient and graduate first?
Thank You