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Updated over 2 years ago on . Most recent reply

I'm 16 and my dad is willing to help me sign for investments.
My name is Jason Raynor, I'm 16 and currently live in North Carolina. I have right at $1,000 dollars and climbing set aside for investments. What are good options for someone my age and in my position? I understand how the market works and about the basics of financial IQ but I need someone to point me in the right direction. This is why I started my BiggerPockets account, so I can reach out to people who know the industry and that can help me build connections. I have decided this is and will be my future and I'm willing to take any advice. Thank you!
Most Popular Reply

As much as I agree with the statement, I started investing as a teenager. I purchased a 5 bed 3 bath home with a VA loan at 19 years old. I paid $4-5k or so upfront for closing costs and that was it! Of course, unless you joined the military you wouldn't have that benefit. BUT, even just being a couple years younger, you could still call lenders and ask them some questions. When I was still much younger, it's not like the lender said "can I ask your age?" then they turn away. Good lenders will still provide you tips and advice in which will help you. Worst case... you wasted 5 mins of their time, but they should be willing to help others. I will admit you can find those lenders right here in the forums. Feel free to message me if you want to talk!