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Updated about 5 years ago on . Most recent reply

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9
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1
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Stanford Walker
  • Bay Area, CA
1
Votes |
9
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Is it possible to invest in Real Estate under age 18?

Stanford Walker
  • Bay Area, CA
Posted

Hey BP community. I am 17 years old and have been wanting to get into real estate for about a year now. I have been constantly reading books and listening to all kinds of podcasts about REI. I know i can't sign any legal documents until I am 18 years of age however I was wondering if I could have a parent sign all the documents under their name and buy the property under their name? Could I claim it as my own but won't actually own it until I am 18?

This has been something I’ve been thinking about for the past few weeks. I am currently a senior in high school and thought the extra cash flow from a rental property would really help me out once I get to college. Is this choice ethical and legal?

Most Popular Reply

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28,076
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,084
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28,076
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Your parents can sign all the documents and you could be named as the owner on the deed.

  • Nathan Gesner
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The DIY Landlord Book
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