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Updated over 8 years ago on . Most recent reply

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3
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Deon Shearn
  • Greensboro, NC
0
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3
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College Student to Real Estate Investor

Deon Shearn
  • Greensboro, NC
Posted

Being a college student how do i go about purchaseing a starter or low cost property? Also how would i go about purchasing the products to renovate the house for resell at a good price?

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11
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Luis M. Frias
  • Leominster, MA
3
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11
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Luis M. Frias
  • Leominster, MA
Replied

Hello Deon,

I believe that you first need some work history to buy a new house and maybe try to get a multiple family house with an FHA Loan... Or if your state or city provides it do the first time home buyer program. So your biggest foe I think is going to be your work history. You can also approach a multi family that pays itself off with a 25% down payment, some banks won't ask for your work history at the point be cause the property takes care of it self... Good luck

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