First deal foreclosure or...?
Hi. So i just turned 20 a couple of weeks ago and decided to quit spending my money on weekend outings and focus on saving for a real estate investment. I am not very educated in the field but i am doing what i can to learn more and more each day. I am a full time student as well as a full time employee. I work 50ish hours a week making 750 a week roughly. I still live at home with my parents with my expenses totaling to about 1,000$ which allows me to save the rest( roughly 2,000a month)
Unfortunately i have just started saving last month and basically would like to know what would be the best type of housing to begin with? Would foreclosures be a good start? Do realtors tend to take advantage of people a lot? Especially considering my age. Whats the lowest down payment lenders normally look for? Also my credit score is sitting around 760 if that helps. Any advice would be greatly appreciated. Thanks so much!