Aspiring Real Estate Investor

[Jack Walters]

Hi everyone! My name is Jack and I am a young investor hoping to get more knowledgeable about Real Estate Investing! I would like to own a property within the next 5 years and am building up my capital mainly through equity investing. I am mainly looking to switch career paths (currently in corporate finance), as I would love to get into the Real Estate industry in the Boston, MA area as an investment/operations analyst. Hoping to connect with some professionals in the Boston, MA area for advice on how to get into a investment management firm, or how to get into property investments with less than $50,000 saved. 

[Lien Vuong]

Hi Jack,

That's great to have a good road map of the things ahead. I think you are definitely on your way to investing. With those types of funds, you can certainly purchase a multi family with the FHA down payment program that allows you to put as low as 3.5% down and start to scale your portfolio from there. At the current moment, you can be actively involved by working for a real estate sales team or property management to understand the ins and outs of real estate transactions as a whole. In addition to that, I would suggest for you to start settling yourself but with some consistent W2 income so that you'll qualify for the loan once you are ready. Lastly, it would be best to start engaging in the RE community in the Greater Boston area to hear what people are doing and how you can emulate their business model.

Best of luck out there!