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Updated over 6 years ago on . Most recent reply

User Stats

29
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7
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Michael Szypulinski
  • Hickory Hills, IL
7
Votes |
29
Posts

First Time Investor in the Southwest Suburbs of Chicago.

Michael Szypulinski
  • Hickory Hills, IL
Posted

Hey everyone,

Just wanted to to say hi to the biggerpockets community.  I hope to jump into the real estate investing world soon.  Soon to graduate from Physician Assistant school with zero assets and tons of liability so I have some work to do! Currently I have been educating myself with some of the real estate books that were recommended on the podcasts.  Looking to potentially buy my first live-in flip or house hack (what ever the future wife desires) within a year.  Would love to get involved with some local real estate clubs.  I will be in the southwest region of the chicagoland area. Shoot me a message if you would like.

Thanks,

Mike Szypulinski

Most Popular Reply

User Stats

3,139
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2,094
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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
2,094
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3,139
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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
Replied
Originally posted by @Michael Szypulinski:

So my initial strategy was to have my loan repayment be as low as I can (income-based) and use that extra money to invest. You think it’s better to just pay off the debt first?

Thanks

Mike Sz.

Congratulations on getting started in real estate and on graduating soon with PA degree!  In terms of your question, don't delay - start investing now. Educate yourself on the strategy you want to pursue - fix & flip as you said, and then take action.

Best of luck!

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