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All Forum Posts by: Ethan Schultz

Ethan Schultz has started 3 posts and replied 4 times.

Post: Possibility of house hacking while in college? Advice?

Ethan SchultzPosted
  • New to Real Estate
  • Posts 4
  • Votes 5

Next school year, I'll be attending Virginia Wesleyan University in Virginia Beach, VA. Curious if there's any advice as to how to go about the process of finding a property and whether it'd be possible to make it work or if it would be better to just live on campus. Not sure yet if I'm going to do it right away or wait for my sophomore year so that I'm able to build up more capital.

In less than a year I'll be leaving for college and will be attending a school in Virginia Beach, VA. While I'm down there, during my first few years, I plan on house hacking at some point to begin my investing journey in college. If I were to find a property, would I be able to get a FHA loan for someone at such a young age (would be 18-19 when I apply), or would I be restricted due to debt to income or some other factor?

Thanks Joe! Excited to start the search. I know the right one is out there waiting!

Being such a young investor means a lack of capital as well as a lack of ability to qualify for loans. Would it be possible to find a seller-financed deal that would be willing to take on a young investor just starting out in the world of real estate?