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Updated 4 months ago, 07/11/2024
21 Year Old College Student Looking to Buy First Rental Property
Hello everyone,
I hope this message finds you well. My name is Jake Berlin and I am currently 21 years old looking to buy my first rental property (I have 50k in equity.) I think I have the funds to buy a property but have a few questions and hope someone can point me in the right direction.
1. I am wondering how to get a loan from the bank or a third party with little credit built up (I made a similar post about this a few months back and some people suggested looking into a dscr loan)
2. Are there any emerging markets that I should be looking into that fit my budget?
3. Are there any good places to look for single family houses besides zillow, redfin, ect...?
4. Any recommendations on how to determine what my criteria should for my budget be would be greatly appreciated.