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Updated almost 7 years ago,
Realistic goals for an 18 yr old
Hello!
I am new to bigger pockets but have been interested in real estate since I was 14. Now that I’m 18, live on my own and am responsible of my own finances and expenses, I’m even more interested and ready to jump in. After high school I decided not to go to college, I currently work in IT making about $32,000/yr and I am able to save 50% of my income. Currently I am working on building my credit to purchase my first deal around August of this year, with at least $6,500 for a down payment. To me that will be the easy part. I don’t want to be working in the same industry 5 years from now and am hoping to be able to put myself in a position where I can pursue other passions of mine while not having to worry about finances. I am wondering what options I have to be able to hopefully purchase at least 4 more units in the following year. I’m not sure how I would be able to find funding and if my age and inexperience will make it harder. I’m just looking for any recommendations or what people in a similar situation have been able to do to achieve success!