First Time Investor at 17

[Kai O Kamppari]

Hi Biggerpockets,

Right now I am a 17-year-old attempting to purchase my first piece of property. 

Goal currently is to purchase a quad or triplex with an FHA loan, preferably a property with a value-add opportunity, where I could refinance to replace the FHA loan to get some more capital as well as get tenants in, to house hack as well as cover the mortgage payments.

You have to be 18 to hold title on a property, but I was hoping to get some type of verbiage in the contract that says until I turn 18 I will have access to the property, in order to start renovations and such before the closing date, which would happen after my 18th birthday meaning that I could legally own the property. I have set aside five thousand dollars towards escrow payments, and have a small network that includes general contractors, agents, mortgage brokers, and a few other wholesalers. 

I'm also working towards a General Contractors license as well as a Real Estate license, of which I'm hoping to get both at the age of 18. I currently work as a wholesaler as well as a lead tester, which, god-willing, should generate around 10,000 a month until I become 18 in two months, which I hope to save 9,000 of, to get a total of 30,000 dollars available for this first property.

Though I am pretty young, I do have a relative amount of experience in Real Estate thus far. I closed my first wholesaling deal over the summer, have an employment history under both Brokerages and Investors, and am currently occupied as a lead dust inspector. 

Does anybody have any advice, considerations, warnings, or recommendations?  I'm open to anything and everything! Additionally, if anyone knows anybody who might be useful to me in my journey it would mean the world if you could send them my way! My network is small right now, but I'm working hard to try and expand it! 

Thanks for reading!