Build up the network and the dollars will flow!

I'm just finishing up grad school, knocked out part of my student loans, my credit is just now starting to come back around (far from mortgage ready), and my income is just starting to build up with my new job (just finishing grad school).

The important thing is to learn how to recognize a good deal and always be on the lookout for one as you build up your assets and your network - this way, you can be ready to strike when the iron is hot.

SoCal is not a place for cashflow unless you hold a very long time and even then....i live down the hill from you and invest in AZ, KC and Indy for that reason.your best chance in SoCal would be to buy a dumpy duplex to live in and rent out one half. that would allow you to build up sweat equity as you would fix up your half then switch sides and repeat. you could raise rents and likely sell for good profit (depending on market of course) upon exit....or just use increased rent to have a nicer unit paid down fastergood luck

It sounds like you are in a terrific position to build up your rental business.

Option 1: pay off 20k remod and wait to build up more cash to buy additional SFR but could lose out.

Prospect Analysis Capital build up Finance strategy Rehab strategy Business Analyst Definition: A Business Analyst for White House Rentals is responsible for envisioning the future of the company.

So your still going to need some money, and this come from you or from a partner or both.The important thing is to learn how to recognize a good deal and always be on the lookout for one as you build up your assets and your network - this way, you can be ready to strike when the iron is hot.I hope you find this as insightful as I did!!!

I'm not planning on buying in King county regardless.

You need to build up your cash buyer's list anyway; this is the perfect way to capture a lead I think.Be kind and Smile!