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Updated about 4 years ago,

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18 Year Old and Looking to Buy First Rental Property

Jonathan Roberts
Posted

Hey guys, so I've been intrigued by real estate investing since I was 16. I've saved since I've started working and now at 18, I'm close to the point where I can buy my first house. I'm looking to buy a house that's close to a 3 bed, 2 bath house. I'd rent out the 3 bedrooms and turn another area into an area where I would sleep. I'm just not sure what I should be looking for as far as price. I know I could get about $450 per room, but I'm not sure how high of a mortgage I should take on. Any comments or ideas would be greatly appreciated. 

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