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Updated over 5 years ago on . Most recent reply
Buying the first foreclosure at age 18
Hi,
I am looking at a property that has the potential to cash flow (rental), but I am 18 years old and it is proving to be a challenge to finance it. FICO has yet to release my credit score since I do not have the history yet, and I only held a part-time job for about 1 year and 2 months. Meaning getting any conventional and FHA loan is impossible.
I do have $11000 in cash and a potential cosigner with a great credit score of 800.
Any idea to get the capital for investing?
Thanks