I am 18 years old and I started investing 4 months ago. I invest in my Roth IRA monthly and I have started reading about real estate a lot as well. I transfer next year to a University and I was wondering how I can purchase a multifamily before I turn 20. I would love to purchase a quadplex or triplex near my University and live rent free with some roommates. Is this a viable option? Do you guys have any other tips I can use to start investing more into myself other than just an IRA?
P.S. I do only have some cash saved up but plan to be near $10000 by the time I transfer.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you