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Updated almost 5 years ago,

User Stats

13
Posts
1
Votes
Grant Bumgardner
  • Rental Property Investor
  • Wichita, KS
1
Votes |
13
Posts

First Time Investor - College Town

Grant Bumgardner
  • Rental Property Investor
  • Wichita, KS
Posted

So I am a 19 y/o from Wichita, KS and I am attending college at Kansas State University. I have a little background knowledge in REI from a brief attempt at wholesaling properties in Wichita about a year ago.
After spending a year in the dorms, I learned of the ridiculous prices we are paying in the dorms and my first thought was to get a house and start house hacking! 

I am running into the issue of having NO CREDIT. I am in somewhat of a time crunch as we will be going back to school in August and my buddies are almost counting on me to come up with the property. 
I have already considered private funding to “go around” the banks and pay for the house that way, but I am here asking if anyone has any insight into what may be the best option for me in this situation. I have cash ready for a down payment, but not enough on my own to buy a property outright. 

Any advice will help, thank you in advance.

Grant Bumgardner 

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