Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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...