The Not Lazy Millennial Kid

[Kevin McCollick]

Hey BP, I am Kevin. I am a 22 year old working a full time job in which I drive over an hour and a half to and from work (I know... "ouch!" right?), spending well over two tanks of gas per week. I figured since I got to work early today I would post something in the forums... My situation is as follows: I still live with my parents and have no debts other than student loans which I begin paying next month. I live well below my means in order to save money for my first real estate investment. I have the following choices: 1.) Use the money I have now to house hack with a lower % down payment for a 3, 4 or 5-plex hopefully much closer to where I work and begin building my portfolio. I would be able to put this into effect much sooner because of the low down payment which I could save up for within a year. 2.) I have talked about quitting my job to find somewhere more local to save money for a 20% down payment on a 8+ multi family this would take much longer than a year or even two but would probably be worth it in the end. After talking with my parents about my plan on quitting my job (might not have gone about this correctly) they were pretty upset and probably think i'm crazy. I am not just some unhappy millennial kid who hates working and is looking to make money being lazy. I am a very hard worker (stay late twice every week to avoid traffic) but I want to be a smarter-harder-worker doing something I will feel is giving me a better return on my time and effort. I see the opportunity that real estate investing has to offer and I want in! I have bigger aspirations for myself than my parents do and they want me to choose a safe route that will assure I can pay $500/month for my student loans (I had a pretty good athletic scholarship in college) I am turning to the forums for advice. I feel as though I have a few plans on how to achieve my goals of financial freedom but choosing which path to travel is proving to be difficult. Thanks in advance, -Kevin