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College student, buying 2 houses soon but have limited knowledge about real estate.

So here's the scoop, 20 y/o currently own an online business that brings me $ 1000-2000 per week cash that I save entirely. The business has very little to no overhead and man hour requirements. Literally a Facebook page that's an absolute money cow. I work full-time at the moment to finance my needs/social life from work income. I'm a waiter. Work on the business on the days off work.

My plan at the moment is to buy 2 rental properties without leveraging (2-3 bedroom houses) that are roughly worth $45,000- $ 55,000 each. I'll rent them out and then take out a loan to buy a third property to rent out. I'll use the income from the first two to pay the interest of the third property and keep/re-invest the different from all three + business. This sounds good to me but like I said I've no idea so perhaps you guys could help me out and add/take away from my plan?

Real estate is new to me, all this money is new to me so I'm going to try my best to establish a strong foundation to move forward and invest further. I really need input from you guys. I've been through a couple threads and people seem to know what they're talking about.

Buying a few more books at the moment.

Thanks a lot

submitted by /u/xSnipeZx
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source https://www.reddit.com/r/RealEstate/comments/cweuhl/college_student_buying_2_houses_soon_but_have/
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