A little back story: I'm 22, in college, and working a manager position at a local restaurant (Make ~18k per year). 5 houses just went up for sale in the area I'm living, including the one i'm currently renting. My brother (35, wife, 2 kids) has been looking into buying investment property, and actually wants to buy all of these properties but can't actually manage it in his current situation. He came to me and asked if I would be interested in buying one. He said he'd link me up with the realtor he was talking to, and is pretty confident he could make it happen. Now, mind you, I have 5k in the bank and 15k in my IRA, and no clue what to do. I've been considering buying a house anyways, but that was ideally after i finished school and got a more financially sound job.
The problem is there is a time frame because there are already offers on the houses, so i'm trying to get as many opinions as possible before I make my decision. Any advice and pointers would help, thanks!
Submitted February 06, 2017 at 11:20AM by coolguyfun http://ift.tt/2lbQIE0
