Unless you're also working full-time you won't qualify financially on your own. Find someone's credit to piggyback off of. A parent or close aunt/uncle. I purchased my first rental while in college, a duplex that I am still living in today. Parents co-signed the loan and I refinanced after graduating college when I started making a little money. Was and still is a big help financially and has allowed me to grow more quickly.
getting started is hard as you've got little money, less experience, and people will be concerned about your legitimacy. I come from a very entrepreneurial family and it took awhile for me to get them on board as well. I spent a tremendous amount of time educating myself on rei, eventually they saw my interest and desire was sincere, focused, and that I was gaining the knowledge to be able to perform. Be creative, is there a way you can make it beneficial for them as well?
Your salary will be dependant on what you qualify for, as well as your debt to income ratio, credit score, credit history, job history, etc. As a first time home buyer there are good programs to help with some of those issues. Search around this site and Google 'first time home buyer programs" and you'll find a wealth of information.
Convincing your parents may be easier than you think, especially if they are paying for your student housing now. My son will be starting college in the fall. For student housing, his bill will be about $600 an month. A good 2 bedroom apartment off campus rents for around $700 a month. I could probably purchase a decent property for around $400 a month.
So, if the year goes well and he goes back next year for his freshman year, I will be buying a place there, charging his roommates $300-$400 a month and he lives rent free.
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