Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 7 months ago on . Most recent reply

User Stats

3
Posts
1
Votes
Jordan Banks
1
Votes |
3
Posts

Is buying a duplex when I go to college a terrible idea?

Jordan Banks
Posted

My name is Jordan, and I'm 17 years old. I'm interested in real estate investing and have one year until I graduate high school. I'm considering buying a duplex and renting out one half while my girlfriend and I attend college. I just can't come to terms with throwing away money that I would never see again like with an apartment. I believe I could qualify for an FHA loan, but I'm not sure if I would qualify if I used a co-signer. How can in know if I'm getting a good deal? I want to make sure I understand every step involved in this process. Thanks in advance.

Most Popular Reply

User Stats

4,576
Posts
4,414
Votes
Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,414
Votes |
4,576
Posts
Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

I think its not a terrible idea at all and should be pretty good idea actually.

I'd recommending reading this "House Hacking" book from the BP Bookstore as your best bet for next step and understanding this process!

https://store.biggerpockets.com/products/the-house-hacking-s...

  • Robin Simon
  • [email protected]
  • Loading replies...