Im looking to buy a multi family property in the local area.

[Joshua Gonzalez]

19 years old looking to buy a multi family property in areas of Reno NV, Carson City NV, Gardnerville/Minden NV, Lake Tahoe CA.

[Jeff Ronningen]

@Joshua Gonzalez. I think you misunderstood. One very important criteria lenders use to qualify borrowers is debt-to-income ratio. For the property you want to purchase they will use 100% of expenses (PITI etc) against you on the debt side and only use 75% of the property's rental income on the income side. As a 19 year old you're going to have an uphill battle getting financing. Talk to and network with lenders to find out if and how it can be done. I admire your ambition, it may not happen as quickly as you want. Develop a plan, work through the details, stick with it and see it through to completion. Doing that sets you apart from most people running the rabbit wheel.