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Mason East
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Beginning in Real estate

Mason East
Posted

My name it Mason I am 18 and I just graduated highschool in Houston. I am saving money to hopefully use an FHA loan to purchase my first property. I am looking for any tips, advice or mentorship along the way.

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Payton Haight
  • Real Estate Agent
  • Columbus, OH
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Payton Haight
  • Real Estate Agent
  • Columbus, OH
Replied

Hi Mason, awesome that you are already interested in real estate. Do you have a job and/or regular income?  If you do not, I would recommend getting one and to start saving as much money as you can. If you are wanting to buy ASAP, I would talk to a few lenders and have them look at your situation. They should be able to give you more specific guidance on what would be needed in order to get a loan. It may take some time, but you will at least have some clarity on what you need to do. 

Last, I would recommend to look in to house-hacking for your first property. For example, buying a house with 4 bedrooms and renting out the other bedrooms to friends. Good luck!

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