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Updated about 1 year ago on . Most recent reply

Looking to invest with 10k and would love feedback on the next best move
I'm currently in 12th grade and attend Kennesaw Mountain Highschool. I've saved up about 10k from investing in stocks and working. I was just wondering if I would be able to get a solid deal considering my credit score is only 680 (I'm 18) and low amount of capital. If anyone has a vast amount of experience in the field and would like to mentor me I'd be willing to learn. I only posted to this forum because this is my ideal field of interest since I want to be involved in large scale deals.
Most Popular Reply

Hayden, congratulations on identifying real estate as your target vehicle to build your life around at such a young age. I'd echo the idea of house hacking initially. Buy your first house and rent out rooms to buddies to live with you. While they are paying the mortgage, continue to save for your next deal to move into bigger deals. It's Monopoly and there is real money at stake.
4 green houses to 1 red hotel. You can rinse and repeat every few years. When you get your fourth SFR, trade up to a bigger deal with the equity accrued. You can be into some really good deals by the time you're 30 and all your friends will wonder how you did it.
Patience and perseverance.