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 18 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
N/A N/A
0
Votes |
3
Posts

I have $95k to invest, but i am 18 with no credit

N/A N/A
Posted

Hello,
Im new to the forums and have read a lot of articals.
I am 17 years old and im in my 1st year of college in NJ. On my 18th birthday in about 3 months I will inherit $95k. Most kids my age are telling m to buy a $30k plus car with that money but I want to invest it. I want to get into investment realestate and I need some help from the gurus about what to do. Heres my goals and my situation

1) Im located In NJ, So i need property in that area

2) I'm inheriting $94k and am willing to invest all of it in real estate

3) I will have no credit as I would have just turned 18

4) I would like to be making Well into the six figure range per year within 3 years

5) I want real estate to be my career, my only Job

6) I would like to make at least $1k Per month within the next year.

7) Be worth (net worth) $1million with in 5-7 years

I would like to know if these goals are attainable and what would be my best route to attain them. I am very motivated. Thanks in advance

Loading replies...