Getting Started with Real Estate/Apartment Investing

[Raheim H.]

Hello everyone,

I would like to get started with apartment investing. I'm a 18 year old college student who would like to get up and running in the real estate business. I have never dealt with any type of real estate before so some might think that jumping right into apartment buildings would be a bad idea. I've done some research on the process of buying apartment buildings but the information I found was very vague and unclear. There are a lot of topics I did not understand. Since I'm just getting started with the research I'm a bit overwhelmed. I have so many questions and was not able to locate answers.


Questions Like:

1. Can I get pre-approved from a bank/lender before going out and looking for an apartment building?

2. Can I buy an apartment building with no money down?

3. Can a person as young as I am invest in real estate and get adequate financing?

4. How does refinancing work?

The list goes on and on and I don't really know where to begin.



Can someone please explain exactly how the process of buying an apartment building works and how to go about it?

Any help would be appreciated.

Thanks