To make a very long story short, I became infatuated with real estate investing in my first year as an architecture undergrad student.

I then watched the recording of the No/Low Money Down Webinar, and as someone who has little capital and significant student loan debt, the idea that stood out to me was Brandon's example of using a master lease option on an apartment complex for 6 months to raise capital for the down payment on the same complex which was financed by the owner/seller.

I was a graduate student and did not complete my program, so now I have all the debt and no degree or increased salary to show for it.

I think it would be good student housing and the numbers seem to work out very well, but I want to be sure I’m not missing something.

@James Fraundorf If you have to borrow from student loans to get a down payment you are stretching yourself pretty thin financially and I would hold off. 

I have ran the numbers with my peers, real estate agents and a couple mentors which all seem to check out.However, I’m not sure if I can qualify to rent these areas.I have not been working for 2 years, held a credit card for more than a year, etc.I have the cash amount to rent this place but as a student without any history how do I qualify?

We are looking for multi-unit properties in the Scranton, Pa area near colleges to rent out to college students.

Most of the student rentals closest to TTU are single family homes in the Tech Terrace area or condos and apartments in North Overton. 

Currently, I work as a scientist at a biotech/biopharmaceutical company out in Pleasanton, CA paying out student loans as quickly as possible to build funds for my first investment!

Do you omit all or a portion of the student loan debt?