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Updated almost 7 years ago,
How to be taken seriously being young with no money
Hello, BiggerPockets community, My name is Miguel, I'm in the south Florida area and I will get started investing in real estate this year. I recently turned 20 years old, I work part-time as an EMT (only about 10 hours a week currently,) I am a paramedic student and I plan on becoming a firefighter. I am concerned that because of my age and lack of money I will not be taken seriously by banks when trying to secure a mortgage. I currently have 2 credit cards with a total limit of $2,700 and a 716 TransUnion and 700 Equifax credit score on credit karma, but I feel like I will still get overlooked (I am planning on using the BRRR method to grow my assets.) Can anyone give me advice on figuring out how to secure a loan so I can begin investing in properties and be on my way to gaining financial freedom?