Fast forward to now, a fresh 24-year-old, recently booted from my cushy W-2 job paying $80k/year, left to ponder the meaning of life and the potential of my bank account.Now, I find myself in the trenches of self-employment at my buddy's small business lending firm, with a 1099 in one hand and $75k in student loan debt in the other.

How much is typical EM on a multi family asking 4M?

I actually work for a global real estate asset management and investment firm (mostly commercial, logistics, multi family etc) and have always loved this asset class.

Schwab, you get $700k down, LOL, oh there selling off your positions and all you're left with is a nice big bill to figure out how gonna pay em the remainder owed. 

You'll want to work with your accountant to firm up the nuance.

Trust me, I get **** from all angles by standing firm.

It defies logic that the lender would not have a firm date by which they must be repaid.

They are often at the limit of housing cost to income ratio.Once I started being firm and clear with folks - telling them upfront that eviction proceedings would begin after 5 days past due, I virtually never have late rent.

I’m cheering you on and can’t wait to hear about all the great things you’ll accomplish.Go get 'em, and happy investing!

I am considering taking the CO/national real estate exam + course hours requirement and becoming an independent broker or associating with a small brokerage (I can see the benefit of associating with a firm experienced in the area and able to bounce ideas off of).