Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 10 years ago on . Most recent reply

User Stats

12
Posts
0
Votes
Elyse Cordeau
  • Tucson, AZ
0
Votes |
12
Posts

How old were you when you bought your first investment property?

Elyse Cordeau
  • Tucson, AZ
Posted

I'm interested to know how old you were when you bought your first investment property? How did you obtain the financing and credit needed to buy a property, especially if you bought a property when you were really young and had little to no credit.

Most Popular Reply

User Stats

5,659
Posts
1,833
Votes
Elizabeth Colegrove
  • Hanford, CA
1,833
Votes |
5,659
Posts
Elizabeth Colegrove
  • Hanford, CA
Replied

We bought our first property at 23 and 24 respectively. We used a VA loan and a lot of "sweat equity". We bought our second and third rental at 24 and 25. We got our free wet with personal properties since they were the easiest. Now we self manage our properties. As discussed on our website our business model is about self management, turning personal properties into rentals when move or transfer and managing class A propeties. We buy houses we can manage long distance long term as we are hoping to use the money for early retirement at 42 and 44.

Loading replies...