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Updated over 9 years ago on . Most recent reply
I'm 20 years old and need some assistance...
Hello everyone, this is my first post. I'm 20 years old and have been interested in investing in real estate for a couple years now and have read quite a bit on the subject. I am also a licensed real estate agent in the Oklahoma area.
My main question is this. How should I go about finding lenders at such a young age? Most require you to be at your job for two years, and I've recently just acquired a new job (im in sales and do my real estate agent stuff on the side part time for now).
I can put aside $2,000-$3,000 a month for downpaymenrs right now and want to take advantage of my current situation.
Please help, do I need to wait and hold down a job two years or is there a way I can get started TODAY?
(NOTE: im not looking for a specific lender, looking for basic information on where to find them if there are some out there where I meet the requirements.)
Most Popular Reply
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You should start with a local bank or credit union. You will be able to speak directly with the underwriters about your personal situation. Good luck @Chase Bristow.