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Updated about 9 years ago,

User Stats

2
Posts
3
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Bisrat Arega
  • Cheney, WA
3
Votes |
2
Posts

Should I start now?

Bisrat Arega
  • Cheney, WA
Posted

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

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