College Student Investor

[Kyle Preston]

Hi everyone!  I am currently a senior in college new to real estate investing.  My focus is long term rental properties, mainly single family homes.  I have been working to make my first deal and create relationships with investors around me, but there are not many people that I have met that are in a similar situation as a student.  So, I'd like to ask if anyone has advice on good investments, strategies, and types of lending as a student.  I have been looking into house-hacking, but I am currently in a lease for a period of time.  Also, if there is anyone who invested as a student in the past or is currently one, as well, let me know! I'd be happy to work with you! Thanks everyone

[Landon Bleau]

Kyle, I'm a recent graduate and started investing a few months after I graduated, I would definitely recommend house hacking and renting out the rooms to friends.  As for lending, it will be more difficult to get conventional financing if you don't have a job, but that just means you have to get creative.  Start door knocking and see if someone will seller finance their house, or asking your parents if they'll cosign a loan.  As for your current lease, don't let that hold you back from getting started, ask your friends if they'll sublease from you so you can get out of the lease.