She became really stressed, and her and another mortgage broker urged me to wait and continue to save for a year before I jump into it.

How I financed this deal is actually an interesting story...my dad had given me money to pay off my student loans.

I say this sarcastically as I know it’s always going to be hard work. 3 flips back to back so far in 2019 and 8 unit turnovers for upcoming college students is quite exhausting.  

We knew we didn't have a lot of cashflow, as we had just graduated from college and had student loans and low paying jobs.

Just for some context, this is a duplex property in southern NJ by a pretty big university (so I will likely be renting out to students).

Purchase price: $185,000 Cash invested: $3,000 This is a buy & hold "house hack" that I will be living in while also renting out some of the rooms to students/AirBnB guests.

Purchase price: $185,000 Cash invested: $3,000 This is a buy & hold "house hack" that I will be renting to students/AirBnB guests.

I am currently a young college student about to graduate.

So I always urge people to start with the end in mind and take a more passive approach.Do the math here… you with 300 dollars per property (2 months of work to buy a turnkey rental) you are going to need 20-40 of these to replace your income.

I’m a civil engineering/geotechnical student at SFSU, and I’m looking for a summer internship with an engineering firm.