All Forum Posts by: Nick Montelli

@Samuel Collier

@Kevin Romines

Thanks for the valuable info. I definitely have a better idea of where I stand with getting financing.

@Joe Homs

Thanks for the welcome! I'm very interested in the meet ups. How do I find out about them? Is there a group I can join on the BP site to receive notifications?

Thanks

Nick

@ Terry Lao

Wow, thank you that is exactly what I needed to make my decision. 

I'm very new to BP, and beginning to learn all I can about real estate investing. I'm very anxious to start working on finding my first deal, but I have a few questions about my debt I'm hoping someone can answer for me.

My wife and I both have student loan debt, in total about 60k. Is this going to affect our ability to get conventional financing? Would it be better to pay it off first? Just want to know what to focus on for the time being.

Also, I have heard it is possible to essentially roll a student loan into the financing of a house, by financing a higher amount and paying off the student loan with the difference. Is this true? Or is it only in the case of a refinance?

Thanks

Hey everyone, My name is Nick Montelli. Im currently living in Tustin, CA. I'm brand new to the Bigger Pockets community. I recently discovered the podcast and am working my way through it from the beginning at 1.5x speed. I'm also brand new to the idea of real estate investing, and am just trying to learn all I can at this stage. Though I am very eager to get started. The ideal lifestyle I would like to create is one filled with passive income. My wife and I would prefer to be spending our lives backpacking, rock climbing, and traveling, rather than working full time.