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20
Posts
19
Votes
Kade T. Brunson
  • New to Real Estate
  • Enterprise, AL 36330
19
Votes |
20
Posts

How can a college student, with very little money, get started?

Kade T. Brunson
  • New to Real Estate
  • Enterprise, AL 36330
Posted Dec 26 2020, 09:16

I am a college student with only a couple thousand dollars in savings (and I do not have any student loans to pay off), but how could I start getting involved in real estate? I am studying for an engineering degree, so I know I’m not going to be able to put a lot of time and effort into it yet, but any advice on how to begin learning and meeting people is very much appreciated (and hopefully there are others in a similar situation who could learn from this discussion, as well).

User Stats

1
Posts
0
Votes
Ben Rutkowski
  • Contractor
  • Syracuse, NY
0
Votes |
1
Posts
Ben Rutkowski
  • Contractor
  • Syracuse, NY
Replied Dec 27 2020, 14:04

Learn to negotiate contract clauses like a beast and never pay for anything outta pocket ever again. GLHF. @Kade T. Brunson

User Stats

24
Posts
8
Votes
Steven Zamorano
  • New to Real Estate
  • Los Angeles
8
Votes |
24
Posts
Steven Zamorano
  • New to Real Estate
  • Los Angeles
Replied Dec 27 2020, 14:30

@Pride Davis

I do love the response. I would have to get more inside the mind of the seller. Find out what will motivate the seller to take the deal.

I appreciate you giving your insights on this.

Thank You

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User Stats

46
Posts
41
Votes
Casey C.
  • Rental Property Investor
  • Indiana
41
Votes |
46
Posts
Casey C.
  • Rental Property Investor
  • Indiana
Replied Dec 30 2020, 00:49

@Pride Davis Yes I have. I bought my 1st two duplexes with seller financing on contract and the 3rd duplex I bought this year with FHA 30 year fixed loan with 3.5% downpayment. I'm living in my 3rd duplex currently. With FHA, you have to live there for a year.