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All Forum Posts by: Nenad Sapungin

Nenad Sapungin has started 1 posts and replied 5 times.

Post: Starting out in California

Nenad SapunginPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 0
Originally posted by @David Dye:

@Nenad Sapungin I got my first loan while still in college (with a part time job), so it is most certainly possible!  If your job is in the same field of study, you can count college as work experience.  You can write a letter to the lender stating the situation. 

Hope this helps!

David

Thanks David! How did you first get started in real estate? What type of property was your first purchase? And how would you recommend to get started. I would love to get started as soon as possible! Time is on our side for us young guys. 

Post: Starting out in California

Nenad SapunginPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 0
Originally posted by @Alfred Logan:

The high desert (Victorville, Apple Valley) area is a good place to start...

 Why do you believe these are good places to start? 

Post: Starting out in California

Nenad SapunginPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 0

@victorlogan why do you believe Victorville and apple valley are good places to start? 

Post: Starting out in California

Nenad SapunginPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 0

@Dylan Vargas Thanks for the answer Dylan! My current thinking is purchasing a condo or apartment in either North Park or Normal Heights, near downtown San Diego. These areas have been booming as the new hipster areas near downtown. Lots of new restaurants, bars and shops popping up, and real estate is only increasing in value. This area has a lot of cheaper units, around 350k, but that do need some work. I feel like it would be tough to get a loan as a 22 year old, who just graduated college and is barely establishing credit. And my parents only qualify for about 100k loan right now. Any ideas on how I would go about financing?

Post: Starting out in California

Nenad SapunginPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 0

Hi Everyone,

I was wondering if you could help me out with getting started in real estate investing in California. I am a recent college graduate and i am currently employed with a steady income. I would love to purchase a single family with a buy and hold strategy. The only problem is I live in San Diego and I feel that everything is so expensive nowadays making it hard to break into real estate investing. I would likely have some support from my parents but minimal support. Any ideas on how I can break into the investing world?