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 about 6 years ago on . Most recent reply

Account Closed
1
Votes |
5
Posts

Ambitious 16-year-old with many questions!

Account Closed
Posted

Dear Members of the Biggerpockets Forums.

Hello, my name is Christian, I am 16 years old and live in Norway. I have a girlfriend, she is a U.S Citizen and we share the same interest: to own a lot of rental units. We have both talked about me moving to the U.S, and this is why I am posting this. And, just to add some information: I have currently saved up $14,600, in four years, I will have an additional $55,000 which sums up to around $70,000 by 20 years of age. I am allowed to live in my parent's other apartment for $100 until I am 25 years old. I expect to have around 

$350,000 by the time I turn 25.  

So here are the following questions about immigration- and real estate-related-stuff

  1.  How can I possibly get permission to work and live in the U.S, permanently without any form of corporation helping me out?
  2. If I manage to get some kind of Visa to allow this, could I even get a mortgage or do an FHA-loan?
  3.  What are my chances of actually making it? I heard it is extremely difficult for a Norwegian citizen to move to the U.S.A.
  4.  Will me being an electrician effect any of this? 
  5.  I am quite handy since I am an electrician apprentice, will this be very useful in this business?
  6.  Do you guys recommend any kinds of books? I have read the intelligent investor (more of a stock-market-book) and Rich Dad Poor Dad (Changed my mindset, completely).
  7. Are those savings I put further up good for the age, or should I aim for more? (the numbers are quite conservative considering my situation)

DISCLAIMER: I know because of my young age, some people may try to pull my legs--I am not looking for a mentor AND I will not look into any deals before I turn 18.

Thanks a lot if you took the time to read this, and hopefully answered some of my questions!

Sincerely,

Christian

Most Popular Reply

User Stats

17
Posts
5
Votes
Roger Hjelmstadstuen
  • Lillehammer, Oppland
5
Votes |
17
Posts
Roger Hjelmstadstuen
  • Lillehammer, Oppland
Replied

Buy in Norway.

Rent out Extra room and space to friends tax free. 

Amazing and easy way to Get started .

Maybe it is to easy, but it Works in the long run. 📈

Loading replies...