Hello all,
I'm looking for some Real Estate advice and was hoping you'd be willing to share your feedback/opinion!
To give you the cliff notes, I:
- just graduated college in December- started a full-time job working for a third party REV company
- work completely remote
- have no student debt, no car payment, no rent (see below), no serious monthly expense
- absolutely love real estate & am anxious to begin investing
For context:
My woman is a travel nurse - we’ll be living from state to state for 13 weeks at a time over the next 2-3 years starting this upcoming weekend (she receives a stipend for housing so there is no monthly pmt). For her second contract, we’re traveling back home. During this time, I’d like to buy a house I’d live in for 13 weeks (to make repairs, etc.) and then rent out after that, in turn becoming my first rental property. Any advice on how you’d approach a scenario like this would be greatly appreciated! I understand the economic headwinds in the real estate world right now and am "in-tune" with what's going on. I'd love to hear your advice - if you'd wait for better financing options or if you think I'm rushing into a market whereas maybe I should hold my water. If it makes any difference, I make roughly $55K/year and have about $40K in my savings.
Thank you for your time - have a wonderful week!
Best,
Spencer
