First Property Advice-18 y/o college student

[Ross Hartman]

Hello everyone! My name is Ross Hartman and I am a new real estate investor that is seeking advice on ways to start up my investment career. I am a current freshman in college at Mercyhurst University in Erie, PA, and I have been studying and researching real estate investment strategies, and paths to financial freedom. My market is in Cleveland Ohio and I am 100% sure real estate is the key to my financial freedom.

As of now, one of my goals is to get into real estate as soon as I can, with proper preparation of course. Im planning on 2022 to be the year where I pull the trigger on a property. My main strategy is to acquire an FHA loan(since I don't have very much income), and house hack. I would be living in it when I'm home from school, and since I would have acquired it my Junior year, I would be able to move out my senior year and have the cashflow pay for my student loans.

I am seeking advice on whether this is a viable strategy, if I should wait until after I graduate to get started in the real estate game, or if I should change up my strategy. I am also wondering if anyone else has executed investing in real estate while attending university, as well as any tips and tricks for being a landlord while in school.

Thank you so much!

[Remington Lyman]

Originally posted by @Ross Hartman:

Hello everyone! My name is Ross Hartman and I am a new real estate investor that is seeking advice on ways to start up my investment career. I am a current freshman in college at Mercyhurst University in Erie, PA, and I have been studying and researching real estate investment strategies, and paths to financial freedom. My market is in Cleveland Ohio and I am 100% sure real estate is the key to my financial freedom.

As of now, one of my goals is to get into real estate as soon as I can, with proper preparation of course. Im planning on 2022 to be the year where I pull the trigger on a property. My main strategy is to acquire an FHA loan(since I don't have very much income), and house hack. I would be living in it when I'm home from school, and since I would have acquired it my Junior year, I would be able to move out my senior year and have the cashflow pay for my student loans.

I am seeking advice on whether this is a viable strategy, if I should wait until after I graduate to get started in the real estate game, or if I should change up my strategy. I am also wondering if anyone else has executed investing in real estate while attending university, as well as any tips and tricks for being a landlord while in school.

Thank you so much!

 You need to talk to a loan officer to see if you can pull the loan off.