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All Forum Posts by: David Hudgik

David Hudgik has started 1 posts and replied 2 times.

Quote from @Simon W.:
Quote from @David Hudgik:

Hey everyone,

I’m almost 30 years old and paralyzed from the neck down, living in New Hampshire. I rely on personal care assistants (PCAs) for daily help, which are fortunately covered by government benefits. However, if I earn too much “earned income,” I risk losing these essential benefits.

That’s why I’m exploring real estate and the stock market, as these generate “unearned income” and allow me to maintain my benefits while building financial security. I’m hoping to establish a reliable stream of unearned income through real estate investments, but I’m new to the field and looking for guidance.

I have around $35,000 saved (excluding stock investments) and would love to connect with someone who can help me navigate this world. Ideally, I’d learn by doing and would appreciate the opportunity to work with a mentor to help me get started.

Any advice or direction is greatly appreciated!

Thanks so much for your time and support.

Hi David,

Sorry to hear about your condition. $35K 

There are different ways to start doing real estate.

Do you plan to House hack? This means buying a property with at least 2 units and living in one of the units and renting out the others. FHA should be able to get you 3.5% down of the purchase price.

It depends how much income you are getting in a year to determine the max loan you can get from a lender.


Thank you for the house hacking suggestion! I’m certainly interested in maximizing my first home purchase by acquiring a property with ideally four units and living in one. However, my income is inconsistent, with last month’s earnings around $4,000, this month expected to be about $3,000, and an average of roughly $2,000 per month. Hoping there is an opportunity despite my limited capital

Hey everyone,

I’m almost 30 years old and paralyzed from the neck down, living in New Hampshire. I rely on personal care assistants (PCAs) for daily help, which are fortunately covered by government benefits. However, if I earn too much “earned income,” I risk losing these essential benefits.

That’s why I’m exploring real estate and the stock market, as these generate “unearned income” and allow me to maintain my benefits while building financial security. I’m hoping to establish a reliable stream of unearned income through real estate investments, but I’m new to the field and looking for guidance.

I have around $35,000 saved (excluding stock investments) and would love to connect with someone who can help me navigate this world. Ideally, I’d learn by doing and would appreciate the opportunity to work with a mentor to help me get started.

Any advice or direction is greatly appreciated!

Thanks so much for your time and support.