Buying rental property before 25
Hello,
My Name is Kenny Colato. I have set a goal for myself to begin house hacking at the age of 25 or younger. I am currently 19 years old, what can I do to help me get the loans I need to finance the properties I want to house hack. I am in a hot market, Los Angeles and I plan on house hacking here in LA.
I'm steering towards the direction of FHA 203k Loan and get an off market deal and fix that property up and get instant equity once I cash-out refi.
What strategies do you recommend? Go through a hard money lender? Get a conventional loan? Or what shall I do to obtain my first rental property by the age of 25.
Thank you in advance.