Advice for a young investor on first deal

[Nicholas Schwarte]

Hi Bigger Pockets community,

My name is Nick Schwarte. I'm an ambitious student pursuing a degree in Construction Management at Arizona State University, complemented by a minor in Real Estate. My passion lies in exploring investment prospects within the realm of residential real estate while eagerly seeking connections with like-minded individuals

I'm here seeking guidance as I embark on my journey into property investment. This fall, I aim to secure a single-family home to accommodate myself and 3-4 friends, ideally a fixer-upper for a strategic house-hack.

However, being a 19-year-old student, my available funds for a downpayment range between $20,000 - $50,000. Yet, without a full-time job, I face challenges in qualifying for a loan. I'm exploring innovative avenues to overcome this hurdle, including creative financing options like seller financing, lease-to-own arrangements, or potentially leveraging a parental connection for the loan.

Your insights and advice on navigating these financing hurdles would be immensely valuable. Thank you for any tips or information you can provide!