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Updated over 2 years ago,

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3
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1
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Chlark Wandag
1
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3
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17 In Need Of Help Learning About House Hacking

Chlark Wandag
Posted

Hello, this is my first BP Post I am 17 in Canada and want to learn to house hack through college and have my first rental property but I don't know anything about real estate. I just finished high school and taking a year off to earn a down payment. in my job right now I am estimated to make 25k-30k CAD but I don't know how much of that I could save, thankfully my parents are going to pay for my college fees so I don't have to worry about that I just have to worry about my living expenses, books and other stuff. I need help with where to start off like how am I going to be able to borrow money from a bank at 18 and build a credit score. I have also talked to my parents about this and I thought of putting it under their name but if they are going to buy a second house they will be needing 20% off to buy a house. I need help with where to start off and what can i do to achieve this.

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