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Chase Bristow
  • Real Estate Agent
  • Sand Springs, OK
2
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I'm 20 years old and need some assistance...

Chase Bristow
  • Real Estate Agent
  • Sand Springs, OK
Posted

Hello everyone, this is my first post. I'm 20 years old and have been interested in investing in real estate for a couple years now and have read quite a bit on the subject. I am also a licensed real estate agent in the Oklahoma area. 

My main question is this. How should I go about finding lenders at such a young age? Most require you to be at your job for two years, and I've recently just acquired a new job (im in sales and do my real estate agent stuff on the side part time for now). 

I can put aside $2,000-$3,000 a month for downpaymenrs right now and want to take advantage of my current situation. 

Please help, do I need to wait and hold down a job two years or is there a way I can get started TODAY?

(NOTE: im not looking for a specific lender, looking for basic information on where to find them if there are some out there where I meet the requirements.) 

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Rob Beland
  • Investor
  • Leominster, MA
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Rob Beland
  • Investor
  • Leominster, MA
Replied

You should start with a local bank or credit union. You will be able to speak directly with the underwriters about your personal situation. Good luck @Chase Bristow.

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