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Updated over 10 years ago on . Most recent reply

User Stats

61
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David Brown
  • Realtor
  • Paterson, NJ
12
Votes |
61
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Buying A Property At 19 y/o

David Brown
  • Realtor
  • Paterson, NJ
Posted

Hello everyone, I'm looking to acquire my first investment property at the age of 19 I'm currently 17 years old I'm Turning 18 in a couple months. I'm still in high school currently a Junior, and I have a part-time job I work 4 days a week. I'm looking into purchasing my first property a 4-plex in the next 1 years and couple months.

I read Brandon Turner's book 7 years to 7 figures and I want to follow every step in that book, my first couple months after leaving high school, I also plan on going to real estate school after high school. 

Has anyone ever purchased a property at the age of 19, or know anyone that did!? I want to know what would be the best financing for someone at that age to get. I was leaning towards owner financing and FHA but is there any other that's good and would recommend!?

I will spend from this time until when I'm 19 saving and also learning! 

Most Popular Reply

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10,411
Posts
5,052
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
5,052
Votes |
10,411
Posts
Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

Would your parents be willing to cosign the loan? That would certainly help with financing.

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