First flip at 18

[Kayla Palmieri]

Hi! My name is Kayla and I'm 18 years old. After over a year of searching I finally found a property that I want to buy as my first fix and flip property. The problem I am facing is that I have more than enough for the down payment and fees but not enough to do all the renovations. I have been saving every penny I make and have about 27k right now. I was looking into getting a loan but I'm not sure how that would work with me being so young. I did have a job for "3 years", but I don't think it would count because it was seasonal so legally speaking, I think I only worked about a year and a half. I'm also concerned about credit. I opened a card half a year ago to start building my credit but for some reason I still do not have a credit score...possibly because it's a relatively new account.

Anyways, to shorten this long story does anybody have any tips or helpful information on how I could get the money for the house? I'm very lost on where to start. I would greatly appreciate any help!!

[Caleb Brown]

As others said look into hard money. BUT I would partner with someone if you can if you are doing your first flip. At 18 you have a lot of time. 27K is a nice chunk but not a lot if something goes wrong. I'd look into a house hack to start too. Could be one you slowly fix up or a property where you rent part out. During that time you can continue to learn and grow. Take it slow, in 10 years you'll be 28 and have a portfolio building up