Starting off with a mortgage at the young age of 22 is a great idea, as long as your property still positively cash flows.

Your just another investor who keeps me motivated at such a young age.

I've budgeted for repairs and maintenance in my analysis but I don't want to underestimate the costs of owning such an aged property.

Knowing at an early age that I wanted to be an entrepreneur I began my college career as a business major with a concentration in management.

So I recently checked out a duplex (2 3bd/1ba units) that’s listed at $220k, but requires a great deal of work given its age.

I am looking for some advice in regards to the best contracts to use for every stage of the wholesale transaction in MA as well as the most transparent verb-age for clear disclosure; and also the best clauses to use to cover oneself risk and inspection wise that would still be presenting the seller with the most attractive offer possible.

I believe that I can take everything I have been building towards and the support of BP and achieve my dreams of establishing a healthy passive income in real estate by the age of 25, so I never have to work again - I can chose to work and enjoy my life and its offerings.  

After all, one of the purposes of having a retirement account is to tap it once you reach retirement age.

Age, updates, sq footage/rebuild cost.

 @Stephen Tice: That is awesome that you want to get started at your age!