The oldest young man in Texas

[Justin Hansen]

Hello BP!

I've been tuned into the idea of early retirement, and I was pointed in the direction of Bigger Pockets by some of the posters on the Early Retirement Extreme and Mr Money Mustache forums.

I am 24, currently enlisted in the Army, living in San Antonio Texas, and planning to be financially independent by my mid thirties. Sooner is always better though.

My background in real estate is assisting my Dad with fixing his rentals, repairing damage from tenants. I honestly hated it, and saw it as a chore for the longest time. Now that I am a bit older, and wiser, I definitely see why he did it.

Ultimately my goals are to have my first purchase a 4 plex multifamily, and buy a few of those after I get into the swing of things. I definitely will need to overcome the hurdle of procuring financing, and intend on researching more of that on this forum. I have a decent amount of capital saved, (roughly 27K) but not enough to purchase a fourplex in my area. I plan on investing for cash flow, not appreciation.

[Justin Hansen]

@Danielle Fattizzi Thank you! My fellow NCO's always tease me about being a cheapskate, and boring, but in a good way. I enjoy living simply, and even with maxing my tax deferred accounts, I end up with much more cash than I can really spend. Real estate seems like a place where my energy and attention would do well, I think the first real hurdle is finding myself an affordable deal.

How did you start out, if you don't mind sharing your first purchase? I find I learn a bit from every first deal scenario people post.