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Updated almost 6 years ago on . Most recent reply

Account Closed
4
Votes |
43
Posts

I’m 23 , licensed real estate agent and want to be an investor

Account Closed
Posted

Hey guys I’m 23 , licensed real estate agent and want to be an investor , please don’t look to much into my question if it makes no sense as I am new and just want some quick insight . I started reading books about foreclosures, I’m in college , no job, but have 720 credit . Is there a way to invest in a foreclosure property with no income verification, ? How would that process go, and if there’s no way to do so, what’s the best way for a college student to jumpstart into real estate investing so that way I can save up money , ? and what’s the best way to start getting some houses under my belt as assets ?

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User Stats

499
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258
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Jonathan Oh
  • Investor
  • Las Vegas, NV
258
Votes |
499
Posts
Jonathan Oh
  • Investor
  • Las Vegas, NV
Replied

@Account Closed Do you have any capital to work with? You're going to need money to invest. I don't know what your plan is with the foreclosure, but if you plan on getting a conventional loan anywhere down the line, you'll need proof of income. You're still young, so my suggestion would be to look for a job in real estate. I worked for a developer my early years and it helped me not only understand that side of the business, but all the jargon as well.

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