Low Money Down at 18

[Account Closed]

Im 18, in college, and want my first property by february. I'd like to ideally do a multi family rental, but only have 4,000$ to spend. Can't house hack because I have no full time work experience, so no FHA loan. Should I go straight to other people's money (partner investors), or can I do the BRRR strategy?

[Jon Schoeller]

Hello Alex! First of all, great ambition and mindset at your age. You should be proud. The BRRR strategy might be difficult (not impossible) at your age with the lack of credit and income. OPM is a great option but again (as we all did starting out) will have difficulty gaining trust of other investors at your age and experience level. Don't let any of that detour you. There is always a way. Do any of your friends or family have money that you can access?