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All Forum Posts by: N/A N/A

N/A N/A has started 2 posts and replied 3 times.

if this was a perfect world, i should a have a job by the end march. then in sept when i turn 18, i plan on buying my first piece of property. i'm not going to college until next fall. would banks or lenders, approve me for a loan, considering i'd have no credit, no debt, and a job? or would i need more to impress them?

:D <this or :protest: <this

Post: question

N/A N/APosted
  • Posts 3
  • Votes 0

lol, ok great. thanx guys! ok so the money you make when you sell the house goes to the lenders. but what about when buy'n'flip property? if you bought and flip it so quickly,you've paid the lenders, then that couldn't be such a great profit. or unless u know that,right?

Post: question

N/A N/APosted
  • Posts 3
  • Votes 0

hi

i'm really new with real estate investing. i havent even begun to own anything because i'm still reading n'stuff. but i have a question, and it could possibly be a dumb one, but i dunno, so bear with me. you buy a property and, you know, you have to pay your lenders over 20-30 years. but let's say after 7 years you plan you sell this property. do you still owe the lenders for a property you don't even own anymore? im really really sry if this question is dumb or doesnt make any sense. i've only been reading about real estate for like 6 days. :oops: