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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 1 times.

Post: Locking to get started in real estate (specifically house hacking

Account ClosedPosted
  • Posts 1
  • Votes 0

So i've heard a lot about how great Orlando is for investing but i'm only 19 years old with about $11,500 saved up in the bank with around a 30-40000 dollar trust coming when i turn 21. Is it best for me to just wait or try an put a 3.5% down payment on a small multifamily unit now or wait till I get the other money to start investing? I currently live with my mom who charges me almost 600 in rent and other expenses and I don't plan on leaving for the time being so would it be smart for me to go out and generate passive income and build equity now or just save up and wait? Thanks