18 Year old looking to get started in real estate

[Michael Siciliano]

Hello, my name is Michael Siciliano, I will be 18 years old in two weeks and I'd like to turn my cash into something that can work for me, but I'm not exactly sure where to start. I have about 10,000$ I'm willing to put up as a down payment on something, but I feel like it'd be difficult seeing as I obviously have no credit. Is there something I can and should start with? I'm going to start building credit as soon as I'm 18.

[Elizabeth Colegrove]

Welcome to Biggerpockets!

We are also buy and hold investors with full time jobs. We got started with personal properties. I recommend conventional 5% as your money will go farther, lower interest rates. We have had many friends who rented out rooms. Therefore living rent free.

This is a great site because there are tons of different "Strategies". We are buy and hold, others are wholesalers, bird dog, flippers etc. Look around the blogs, forums and listen to the podcasts. If you see a post you enjoy check out the persons signature. Many of us including myself talk about our strategies, styles, niches and business model on our website. So definitely check that out as it is an amazing additional resource. For example, my blog is about while working full time, buy and hold investing, 0% Down Rentals, Personal Properties turned rentals, Long distancing investing, self-managing 3,000+ miles away.

Look forward to seeing you around! PM me if I can help! :)