How can I start young? Especially with no

[Javar Garrett]

I guess I'll get right to the point as I don't want to waste the time of the wonderful people who decide to help.

I'm a 19 year old college student who is looking into investing through real estate. I am wanting to get started in rental properties so that I can begin to develop some passive income. However my issue lies in the question "How do I finance it?" I guess the real question is, Will a bank even give a loan to a 19 year old to invest with?

[Mindy Jensen]

@Juan Esparza, your real estate agent will take care of all the paperwork necessary to purchase a property. Along with the lender, title company, etc. There's no shortage of paperwork, and that's what they get paid for. Absolutely get a real estate agent to represent your best interests.

@Javar Garrett, you can get a loan if you qualify. You didn't say what sort of loan you're looking for, or what sort of salary you make now. A good rule of thumb is you can qualify for 3-4 times your salary, depending on your outstanding bills. This is not set in stone. But that should give you a general idea of your price range.

How's your credit? Your credit score is comprised of your on-time payment history (35%) and your debt-to-credit ratio (30%) meaning how much balance you carry compared to your limit. For the sake of easy math, if you have a $1,000 limit, and you carry $900 balance, you are using 90% of your available credit, and you look like more of a risk than someone who carries a $300 balance or lower. 

If your credit score is lower than 720, you'll have a more difficult time getting a loan and your rate will be higher. Since you're young, you already have that working slightly against you. Have your credit score be as high as you possible can get it, to prove your creditworthiness to lenders.

Talk to a local lender to see what sort of loan you could qualify for. Ask them for suggestions in raising your limit, like a bigger downpayment or higher income, then work toward those goals.