Where to start investing at 19 years old.

[Tanner Grant]

I am 19 years old and love real estate, it excites me and I want to start my journey. I do not have a ton of money to invest but also have little expenses. I am looking for some advice on where to start and what route I should take.

[Andrew Frowiss]

Hi @Tanner Grant great question! 

I would look into house hacking as a good starting point. You may be able to qualify for some down payment assistance programs if you are a first time home buyer. With certain loans you can have a downpayment as low as %3, but they would likely require you to live in the home for a certain period of time. Fix it up over the time you live in the property, and when you save up enough money for your next purchase get another home. Rent out the one you lived in previously and rinse and repeat! 

Another thing you can do is develop your deal finding abilities. In my experience if you can find a good off market deal for someone to flip, or rent (emphasis on good) there will be other investors that would likely want to partner with you on the deal. There are plenty of investors out there with enough money who struggle to find deals. Partner with them, and learn as much as you can. Eventually when you have your own cash you can do it all yourself, but I find partnerships to be a great way to get into the game. That's how I did my first two deals (1 wholesale and another a flip). 

I hope this helps!