As we prep and save, we are here to learn all we can about the Boston, North Shore MA and national markets (also interested in NC markets).

Hi, just wondering what type of properties two recent college grads, with about 40K in saved money can invest in (in terms of rental/student housing), in order to start acquiring properties while also working at our full time jobs.

That looks like an easy way to save on your next deals. 

I have been able to save about $20k and am ready to purchase something that will supplement our monthly income without taking too much time away from our current jobs.

Luckily my wife has been saving for about 25 years and even though school now is pretty expensive we are still getting by.  

I have been planning and saving for what seems like a lifetime to buy my first investment and now that it is happening I'm so nervous!!!! 

I tell him that that was factored in , if I took it to the landfill they charge $ 75 a ton , there was 5 tons so he saved $ 375 dump fees .

So, between the cash flow and the tax savings, 9.44% doesn't seem like much.

Only when needing the lower rate to qualify for the loan. 4.65% is very low, consider we did investing for decades with 10% money.Homes usually are held for 7 to 10 years, so your savings on interest is limited and it's tax deductible to boot. 1-your tax rate times the interest rate is your real after tax cost. 

In the meantime, cut out ALL non-essential spending and save some coin.