Hello BP!
Recently, I got accepted into the University of Maryland MBA program. I am incredibly excited and will be moving back into the area after I get out of the military (April) and want to begin my travel towards financial independence. However, a few concerns I have are:
-Limited time frame in the area (2 years for grad school then possibly a big move)
-Expensive area (MD / DC area is incredibly expensive)
-Seller's market
-From initially looking, there are not many multifamily deals which is where I want to head with landlording
-Limited income during grad school making mortgages tougher to get
I want to find the best possible solution for my situation and still move forward with my goal of financial independence. From my initial consideration, I think some of the best options would be:
-Simply save and study for after grad school while finding the cheapest rent.
-Wholesale? Although this isn't where I want to head with my investing, it would develop some much needed skills and could potentially be done when not in school.
-Buy and force appreciate then sell after my completion of my MBA allowing for no capital gains.
I would love to hear your feedback on what might be best for someone in my position to move forward and not just delay my start to financial independence during grad school. Any advice would be very much appreciated.
