17 Years Old and Want to Start Flipping

[Connor Sweeney]

Hi Everyone,

My name is Connor and I am currently a high school senior. My intended major in college is real estate/ finance, and in the future I plan to grow my success in real estate. Real estate has always interested me due to the fact that unlike investing in stocks, real estate is something you can actually see, change, and physically watch grow. I am 100% a beginner right now and really do not know much about the field. I am starting to read some books to learn the basics because I really want to get a head start before college; however, my main goal is to flip at least one house before I go to college. I want to stand out from others in the field and start young, giving me that extra edge and higher possibility of success.

My post today is asking for some advice, tips, and game plans of how to achieve my goal. I understand I need to get to know some of the basics of house flipping, but I want to know more of the process of flipping a home. The plan is to buy some foreclosed home up for auction, but are their other options? I am looking for what it takes and how to have a successful flip. Also, I want to know more about getting the money to even purchase a home to flip since I am only 17. I do not have much saved, but my father is willing to help out some. Still, I do not know how to acquire a $100,000+ at only 17 years old to buy a house and renovate it for a flip. At the moment, obtaining the actual house is my concern and is where my confusion is. Much of the websites or videos online apply more to older people with a healthy salary. If anyone is willing to lay out the process and clear some things based on how a 17 year old could flip his own house, it would be greatly appreciated. Please get back to me with any advice you have!

Thank You,

Connor