How do I get a loan at a young age for a house? | Property Flip

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How do I get a loan at a young age for a house?

Posted by on Aug 09 | Real Estate Investing Chatter

Ok, so here is the situation: My boyfriend and I are looking to buy a house. Our price range is $60,000-$90,000. He is 29 and I am 20. He has terrible credit, so I don’t think we’d be able to get a loan for a house under his name. I, on the other hand, have really good credit, however since I am only 20 years old, I am worried I won’t be able to get a loan. We have about $16,000 for a down-payment. My other dilemma is that I only make about $500 per month, so our mortgage would be mostly paid by him, but once again, the loan would be in my name, and I don’t think a bank would be willing to lend to me if I only made that much. Can anyone help me out with this? Any suggestions are greatly appreciated!, more 
and what is better renting or owning a home?  I have been looking to rent but some people have told me I should look into getting a home. What costs do i have worry about if i was going to buy a home in comparison to renting, more 

and Is it a good idea to buy a flat in the Docklands?  For how long will it be a good investment…what about the level of the water going up? will environmental conditions make a difference in the market value soon? thanks, more 

how to evict two tenants occupying two rooms in the same house we live?  no written contract, rent up to date,need rooms for oun family, more 

and Viewing my first apartment.?  I will be in the market for my first apartment soon and plan on viewing a few before committing to one. I have a few questions about this though, what should I be looking for when viewing an apartment? Any possible red flags I should watch out for? What questions should i ask the manager/landlord?
I’m really excited about moving out :)more 

Tags: bank owned, real estate investing, investing advice, property listings

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