I amm 20 years old and I would like to buy a house of my own within the next year. I make enough money for a?
145885
Start by getting a credit card-a gas card will even work. Just charge a tank of gas or so every month on it and pay it off as soon as you get the bill. This will start helping you to better establish credit. You may want to go ahead and talk to a real estate agent. You don't pay them. All of their fees are paid by the sellers of the house. They can go ahead and tell you what to do to build up your credit and get you pre-approved. Sellers deal more readily with pre-approved people because they don't have to wait as long to finalize the deal. My realtor helped me find a state program that gave me a $2500 down payment assistance loan that had to be paid back at $36 a  month for 7 years. I ended up getting into my house with only $300 out of my pocket if you can believe it!
723950
Your mortgage payment should be around 35% or less of what your income is.\n\nIf you want specifics, tell me your income and I'll tell you how much house you can afford.
89783
It depends what you want to do. Most places will let you rent your own place at any age, as long as you have the money/ credit or someone ele to co-sign for you.
424421
There are lenders that could help you a little if you had a job. That is you problem. You have to have income that can be verified and job history to support that. Being a student and not having a job will make it impossible for you to buy a house unless you have someone that will say that you work for them and do a "stated" loan which is where they don't verify your income.
993894
Buy a home if you want to...build some equity, you can always sell it when the time comes. Good Luck
750048
Your not a worlkholic, but a great parent. Becouse you work and earn money for the betterment of your family. Enjoy a social life after age 55 or 60.
542458
It depends how much you can afford to take out.  If you're married and have some financial support for your spouse that helps.  If you can live with less than 30k, try and contribute as much as possible until you hit the limit where the company stops matching.  As long as they match, that's basically free money and you should try and take advantage of it.
217174
it depends on how you want to live and where you want to live.  Supposedly, i could live like royalty if I were in Mexico because it is much less expensive there to live and I've been working and saving for 20 years.  I couldn't do that here without penalties to my retirement accounts.  You are supposed to work til you are 65.  Unless you win the lotto.  Better start playing!
21210
If you cannot see yourself achieving thiese goals, then why stress yourself out to do so? Life has no timelines. No rush to do things before a certain point. Why not plan a few years in advance? Try graduating first. Now, as far as buying a home, thats not a bad idea, my boyfriend and I are still in college and bought a duplex (home as well as investment). Get married after graduating is not a bad idea, depending on how old you are, it might be better to wait. I would wait until working for at least a year or so for the baby so you can have sick leave and vacation built up,  as well as money saved hopefully. Why rush? Why not make it a happy experience? I want a baby badly too, but why make myself miserable and poor by having it now?
778557
I won't rehash the advice given by the first two answerers as it is spot on.  \n\nJust make sure you two plan on being in the same area for a good amount of time.  How long have you been married?  Of course the only concern is you are both so young, and if your plans change or one of you decides to go to college, it could create a mess for you.  \n\nBut as long as everything remains stable, owning property is always a good thing.  I just bought my first house with my girlfriend and I was 26.  Just turned 27.  We had a great experience.  We bought a house that needed a little work.  Got a great deal and with a little cash and sweat equity it is in great shape now.  \n\nGood luck!
76121
In my opinion, you had better get a better plan.  I know another year of school sounds like a long time, but working from paycheck to paycheck for the next 40-50 years will be longer.  Perhaps you should look into a business that you can start in your spare time or learn how to trade the market.  Whatever you decide, good luck.
792345
Pay off my debt. Help my Parents and other family memebers out. Send my sisters and my son through good schools. By my dream house which is not much of nothing fancy. Go back to school myself. Invest most of the monies to make more. Yes and charities.
732954
You ought to go into business for yourself. Create a real estate investment company or try your hand at brokerage.
120636
When I was in high school I found myself in a very similar situation.  I got my real estate license the year I graduated.  I will tell you this; it’s hard, but if you work hard, you can do it.  Even being highly respected as a high school senior, in leadership at my church and in school, it’s still hard to get some one to trust an 18 year old w/ a $500,000 real estate purchase.  \n\nI started out by working at a national (resale) real estate company.  In spite of my hard work, I realized what I was doing was not going to pay off  because of my age.  I needed people to come to me, so I started selling new homes.  I won’t lie, these jobs are hard to get.  I worked a lot of long hours for a builder for not much money, but it has paid off.  I recently tested for my brokers license, and hope to open my own office in the future.  \n\nIf I could give a few bits of wisdom to you they would be this; \n1)  Work hard in school, if you can take extra classes in English and any type of business or law classes that you can, these will be very useful later on. \n2) Don’t listen to anybody that tells you “you can’t”, a lot of people will, and if you listen to them, you won’t.  \n3) Don’t give up, real estate has about an 80% wash out rate, it took me about 3 years before I started to succeed.  \n\nIt’s been 5 years sense I got my license, and I must say THE JUICE WAS WORTH THE SQUEEZE.
360646
Yes, definitely!  And that would be trading stocks.  I'm 18 years old (19 in May), and I have been trading stocks since I turned 18.  I started with $1000, and have made over $85,000 since then.  I bought a new car, paid for my first year of college, and my income taxes.  I have $55,000 now, including the value of the 6 stocks I have right now.\n\nMany people trade for a living, right from their home computer.  They can live anywhere they want to.  Someday I hope to be a full-time trader.\n\nLeaira
1006053
I will assume that your money is either in Euros, Dollars or Pounds.\n\nIf that is the case, there are several ways to make money.\n\nThe determining factor is your goals. Short term or long term.\n\nIf short term, to make more:\n\nDay Trade\nBuy fixer-upper homes, re-sell after a good make over within a year.\n\nIf long term, to make more:\n\nEquity stocks.\nstock market in general.\nHedge funds.\nBuy homes, rent them.\n\n\nMay you more money and put it into good use!
868391
It depends so much.\n\nFirst of all, I would suggest you AVOID these courses that cost thousands - by all mans go on the "free taster course" - it gives useful info - but do NOT waste £2,500 on the main one.\n\nThe problem is many folks CAN and DO make money without paying for any courses at all - and they do it well. Having said that, I spend about £300 on one some time back and now have a portfolio far larger than I could have managed if I didn't know how to get 100% BTL mortgages (get min 15% of developer and then do a back2back mortgage deal with a specialist broker) then I would have ended up with perhaps just one or two.\n\nI now also know why your should never really plan on selling (unless to re-invest in more deals) - instead equity release (totally tax free income) and let the tenant keep paying the mortgage (interest ONLY).\n\nContact me directly if you have some specific questions about what sort of thing you want to do - there are many ways to make your money.\n\nBuy old, rennovate (paint, new fittings, new carpet, curtains) sell\nBuy off-plan - get at least 15% BMV to make it worth while (Below Market Value) then either:-\nRent out and use rental to pay mortgage, ground rent and maint fees (and letting agent fees)\nOR\nSpin (sell on again). Depending on how you do this and how often you do it depends on which method you use to avoid CGT\n\nI will answer a FEW specific questions for you, if you wish, after that I can suggest one or two places that you might look at to actually get hold of useful manuals and materials.\n\nLike many things, *IF* you are serious about doing this, then you would do well to learn the ways to make you investment money go farthest. If you prefer to learn it all on your own - that is fine too - and you will probably still make money, perhaps just not quites as quickly.