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All Forum Posts by: Bisrat Arega

Bisrat Arega has started 2 posts and replied 2 times.

New Member Introductions

Post: Should I start now?

Bisrat AregaPosted
  • Cheney, WA
  • Posts 2
  • Votes 3

Hello Everyone!

Recently I received a mail from a loan company saying i was prequalified for up to 35$k credit line. I want to be a real estate investor using a mixture of buy and hold and appreciation strategy. I don't have any money saved up, currently building my credit through a car loan from chase and two credit cards. My parents agree with my plan of buying property and said they would help me after graduation, but im thinking i can just use the line of credit as a down payment now for a multifamily around campus and house hack. Would that be a good idea or should i be patient and graduate first? 

Thank You

2 Votes
New Member Introductions

Post: College Student Future Investor!

Bisrat AregaPosted
  • Cheney, WA
  • Posts 2
  • Votes 3

Hello BiggerPockets community!

My name is Bisrat Arega I'am 22 years old and I attend Eastern Washington University studying community health. If I could jump into real estate today i would but I have to make the parents proud and also have a backup plan, plus its too late to turn around now, I will be graduating in about a year. I would like to start my real estate investing ASAP but I know I have to plan and save. Exited to be apart of this community I'am an active listener! 

1 Vote