Help me get money Please - Posted by Andrew

import · January 28, 2003, 11:55am

Posted by GMann on January 28, 2003 at 14:32:49:

Sorry, but you have to be 18 before you can get a mortgage. PERIOD. It is the lenders requirements. Keep reading until then. I admire your enthusiasm

import · January 28, 2003, 11:55am

Posted by Andrew on January 28, 2003 at 12:55:53:

I am 17 years old and want to start investing in real estate. However I have run into a few problems including: 1) I cannot come up with the money to start buying the income property that I have located. If you know where I can get some nice loans I would be very appriciative.

import · February 3, 2003, 2:25am

Re: Help me get money Please - Posted by Don Dion

Posted by Don Dion on February 03, 2003 at 03:25:34:

your biggest problem is your not of age and sellers would be foolish to enter into a contract with you.

import · January 28, 2003, 1:43pm

Re: Help me get money Please - Posted by Jackson Mosley

Posted by Jackson Mosley on January 28, 2003 at 14:43:52:

GMann is right. It is the law. You have to be at least 18 to get a mortgage. However, if your deals are as good as you say they are, why not bring in a partner that is at least 18 years of age? You could refinance the property when you turn 18 and buy your partner out at that time.