Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

94
Posts
12
Votes
Cole Black
  • Rental Property Investor
  • Markdale Ontario
12
Votes |
94
Posts

How can a younge investor finance their first property

Cole Black
  • Rental Property Investor
  • Markdale Ontario
Posted

Hello guys and girls, I am just trying to educate myself a bit on financing. I am 19 years old looking to invest in real estate in the future (when I am educated enough). I have a good credit score as I never miss payments however my problem with the bank is I don’t have the “history” to be able to get a mortgage. I also don’t have much of a down payment.

Anyways I feel as tho my age might deter investors and banks. I have started a few successful businesses and have been constantly improving my financial literature after reading rich dad poor dad.

I am wondering what my best bet is to get financing when the times come. I was hoping to start a corporation when I get into real estate (for tax reasons and to protect myself a bit). Could anyone who has there real estate business incorporated answer this question: was it hard to finance your first deal and how did you end up doing it?

Any response is appreciated!

Loading replies...