Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Matt Gillis

Matt Gillis has started 2 posts and replied 3 times.

Post: 7 years to 7 figure wealth

Matt GillisPosted
  • Lynbrook, NY
  • Posts 3
  • Votes 1

Hello BP community!

I'm new here and would like to get involved. I just read Brandon Turner's, "7 Years to 7 Figure Wealth" , and I'm curious what some of you think, for those who read it, about Brandon's plan/idea. I'm graduating college next year and this book got me excited for my REI future. Is this a plan some of you have tried to emulate in your own way? If so, how did it work out?

Post: Starting early!

Matt GillisPosted
  • Lynbrook, NY
  • Posts 3
  • Votes 1
Originally posted by @Cody Marchant:
This is the first I'm seeing on needing 2 years of the same employer to qualify for an FHA loan, can someone clarify this?

http://www.zillow.com/mortgage-rates/finding-the-right-loan/fha-loan/

Post: Starting early!

Matt GillisPosted
  • Lynbrook, NY
  • Posts 3
  • Votes 1

Hey guys!

I'm new to this site and I recently just got extremely interested in real estate a few months ago. I'm a senior in college studying engineering. I have one more year though since it's a 5 year program. I'm trying to get ahead of the game and learn all about investing in real estate before I graduate so when I'm finished with school and have a job, I can jump in with two feet.

Assuming I start off with a 60-70k/yr job (very practical), I planned on maybe living home for the first two years to pay off most of my debt, which will be about 100k by the time I leave. I plan on working as a contractor part time with my father on the weekends for extra money I can save for my investments. Do you think it's reasonable I could invest in a duplex/triplex after 2 years by applying for an FHA loan? I understand the requirements of an FHA loan (live in the house, same employer for two years or steady employment history, etc.). Does anyone have any suggestions or another route I can go, like wholesaling?

Great to be a part of this site!

Matt