Updated almost 8 years ago on . Most recent reply
Young and ready to start
Hey BP,
I am currently 21 and in college, but I love real estate investing and everything a long with it. I have been involved in many deals because I work for a developer. I just recently got my first deal and put in an offer on another today. It is very exciting, and am looking to get into many more. My problem is, I do not have a long term job, therefor banks will not loan to me. When I try to syndicate, people view me as to young. I have started to look into hard money lending, but do not know much about it. I am looking for advice on financing or ways to show experience.
Most Popular Reply
Sure. Like I said, it is difficult to evaluate anything fully based on the limited information we get in posts. That's a respectable return. Glad to hear you are updating your calculations. Hopefully you never need them, but if you do, you certainly don't want them coming from your profit.
Good luck on your next deal!