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Updated over 5 years ago,

User Stats

14
Posts
7
Votes
Gabriel Krut
  • NC
7
Votes |
14
Posts

Financing Options for a 20 year old

Gabriel Krut
  • NC
Posted

   Per the title, I am a 20 year old college student interested in picking up my first rental property by the end of the year. I have found what I think to be a deal and am interested (even if just as an exercise) in my financing options. This is OOS, so I won't be living in it. I do not have two years of income to show, due to school. I have the down payment support of my mother, but am unsure of what my loan options are given my situation.

   Do I have other financing options? Should I ask around and try to raise the capital needed to buy the home outright? Thanks in advance!

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