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Updated about 4 years ago,

User Stats

2
Posts
1
Votes
Evan Ridenour
  • Rental Property Investor
  • Ann Arbor, MI
1
Votes |
2
Posts

Looking to get started in real estate, does age matter?

Evan Ridenour
  • Rental Property Investor
  • Ann Arbor, MI
Posted

Hello!

I’m looking to get started with real estate investing. At the moment I am 17 so I’m not quite able to apply for a credit card to start building credit history. I also do not have a W2 job since I’m a student full time.

I would mostly likely end up with a traditional house hack with a 3.5% FHA loan, and I would be able to cover the down payment. .

My question to anyone who started at or close to 18, did you find any legal ramifications? Would banks lend to you or did you require a co-signer on your loan? Would you have any books/articles/podcasts that helped you get started that you recommend?

Thanks

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