How to buy a 4 unit property at age 18?

[Tasha Williams]

Hello everyone,

I'm 18 years old and with  average FICO score 715, I have a 5-10 percent down payment, with only 6 months of full-time employment (annual income 52k) and 1 year of part-time work history (annual income 20k). I have been planning this since I was 16 years old but I keep running into the same problem since I don't have co-borrower.

My credit union will not approve me without a longer full time employment history because my part time employment income isn't much. Seems like I am having a problem because I'm a recent high school graduate  Please advise how to buy a multifamily home under these circumstances.  What else can I do??

Tasha

[Tasha Williams]

Thanks for replying gentlemen.  Dan the article you recommended was great I think I'm there. I would love to get your guidance on some things along my journey to invest in real estate.  

Joe, unfortunately everyone that could help me says "no, I should focus on going to college and not waste my time on real estate" since I'm a recent high school graduate. And cash is my only asset I have been saving for two years for my dream to own 5 properties before age 20. Now I'm finally 18 years old there are still some road blocks. 

Thanks again and I'm open to suggestions!