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Updated almost 8 years ago on . Most recent reply

User Stats

8
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2
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Osa Mena
  • Irvine, CA
2
Votes |
8
Posts

New here interested in buying rental properties

Osa Mena
  • Irvine, CA
Posted
Hello everyone! I'm Osa, I am interested in investing in rental properties preferably multifamily. I am a recent college graduate with a Business degree. First step was to secure a Job/Career and now to plan/act for the future. I have taken advantage of the 401K match program (6%) but I tuck away 10%. I have about 38K in student loans and 10K on my car. I am currently working to pay these off my monthly payments are not too bad at all. My credit score is in the green. I am not yet ready to buy, as I do not have enough funds for a down payment. (I'm sure you guys will give me some ideas on what to look into, as well creative ways around this, and I can't wait to hear them) I am located in the Southern California market which is expensive but doable, I will have to look around for deals and things that make sense like properties out in the dessert etc. I am looking for some advice, and pointers on where to find some resources and where to start. I will scour the forums and read all that I can. Again my goals are to buy and rent, I need to read more on the BRRR and a few more strategies in buying rentals. I am a rookie all the way but a driven young person who won't easily scare. Thanks for taking the time, can't wait to interact with you guys and learn from you all.

Most Popular Reply

User Stats

824
Posts
490
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Bryant Brislin
  • Developer
  • Irvine, CA
490
Votes |
824
Posts
Bryant Brislin
  • Developer
  • Irvine, CA
Replied

Hello. I live in Irvine, I'd be happy to grab coffee and see how we could maybe collaborate on deals.

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