Starting out! Would love some advice!

[Andrew Thomas]

Hello everyone!

I’m an 18 year old real estate agent also in college as a business major. And I have a few questions.

1. What are some work arounds to getting a mortgage if I do not have 2 years proof of income?

2. What is the best calculator or property analysis system that I could use to analyze properties?

3. Where can I get creative to find the cash for a down payment that might be out of my price range?

And a few questions I have as a real estate agent.

1. Is there anyone who is or started out as an 18 year and could share some insight on how they got started?

2. What type of marketing should I get into to get the best result?

3. How do I become a trusted real estate agent at my age?

If I could get some help that would be great! I’m also located in Rochester New York. A growing market and a very promising area!

[Travis Timmons]

You're going to have to work your a$$ off, acknowledge that you are young and dumb (but hungry and cheap!), and earn the respect of older, more successful people. 

As for the mortgage, if you don't have any real income, nobody smart is going to loan you money. It's like the old Yogi Berra quote, "I wouldn't want to be a part of any club that would have me as a member." The compromises and terms that you'd have to accept for a lender to take that amount of risk would likely be a bad idea. You win in real estate by never being forced to buy/sell or by taking the loss that can break you. Borrowing with no income is ripe for that sort of result. 

Think long term and delay gratification. You're probably not going to buy a house while you are in college. That's okay. Slow and steady still wins the race.