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9
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Ricky West
  • College Station, TX
1
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9
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College Student Frist Investment Help

Ricky West
  • College Station, TX
Posted

So I am a 20 year old college student excited about my future of real estate investing...but I'm not good at sticking on the sidelines. I am working to analyze 5 properties per morning, but need some help. I work for 9.75/hour about 15 hours a week because I am a full time student. I am wondering if I had the down payment and closing costs, and all initial expenses, is it at all realistic that I would ever get prequalified for a 80-120k mortgage, if the numbers made sense? I find (according to what I'm learning on BP) some good deals, but according to some "affordability" calculators, feel that I'm never going to get the loan from the bank. What are my financing options? Am I wrong about the bank? Help.

Thanks

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