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Updated about 4 years ago,

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Advice for a Newbie Fresh out of College

Michael Akinyemi
Posted

Hey everyone, im looking to get advice on buying my first property (im interested in multi families) to house hack. Im 25 years old, im technically in college still taking one 3 credit course to satisfy my degree and officially graduate this spring semester. I was able to secure a full time position this year starting tomorrow making base 80k/year (remote). Im moving back home with family this week, to cut back expenses, pay off some credit card debt, and save up for my first house hack in the DMV (DC, Maryland, Virginia) area. My credit score isnt the best at the moment (669-686), but i want to use the next few months to build my credit score, and move into my own property before the end of this year. I want to know what steps i should take to work towards this, and advice from more experienced real estate investors and house hackers on if buying a property this year is a good idea given the speculation of a housing market crash. Also id love to hear from real estate investors in the dmv area.

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