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00:00 Background & My Frustration
02:30 Real Estate Leverage
11:02 $210,000 from $10,500.
16:30 Steps for You.
Here's an example of how at 19 years old I took $10,500 working at Jamba Juice and Red Robin and turned that into $210,000 in net worth and $100,000 cash, tax free, and fast. I did this by investing in real estate taking advantage of a 3.5%-down, home-owner-occupied loan and a 203k loan.
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By Stock Chat

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31 thoughts on “How i turned $10,500 into $210,000 at 19 in 90 days beginner real estate”
  1. Avataaar/Circle Created with python_avatars Gloria Figueroa says:

    Wait a minute. How did you get a 300K loan earning 8/h?
    And then the price went from 340k to 550k in 3 months?
    You seem a very lucky guy 😅😂

  2. Avataaar/Circle Created with python_avatars alex young says:

    I'd be retiring or working less in 5 years and I'm only curious how people split their pay, how much of it goes into savings, spendings or investments?? I earn around $165K per year but nothing to show for it yet

  3. Avataaar/Circle Created with python_avatars WTFRU says:

    Video title: How I got rich at 19 thanks to my parents being rich.

  4. Avataaar/Circle Created with python_avatars ZK says:

    How did he get the refinance when he did not have 20 % equity in the FHA loaned home? Aren't you not allowed to refinance unless you do?

  5. Avataaar/Circle Created with python_avatars Danette Aguilar says:

    Good income is what everyone prays for and it grantees a comfortable life… I am very thankful to Mrs Ady Fidelin for her business idea that got me to this stage.

    I was able to pay off all my debts and bought new property after few months..

  6. Avataaar/Circle Created with python_avatars Juju Juju says:

    The fly it's interested to invest!
    Do not kill her !!!😂😂😂

  7. Avataaar/Circle Created with python_avatars Michael MKH says:

    FHA on a $305,000 home= $10.675. Who paid the closing cost? And how’d you get approved with income from fast food? Maybe I should watch the whole video again lol

  8. Avataaar/Circle Created with python_avatars Paul says:

    Start with $10,000?! This guy

  9. Avataaar/Circle Created with python_avatars that one guy says:

    Im so tired of my 12 hour job. Its good money but i know i can make more and be smarter with money. Thank you for this video. I love the dragon mid helm lol

  10. Avataaar/Circle Created with python_avatars Jim Trumble says:

    It's funny that's what I started with in 1995. I turned it into 260,000 but it took me longer. I believe it took me 18 months. Well done "mini me." Oh my bad, I did it in the stock market. I didn't get into real estate until the year 2000.

  11. Avataaar/Circle Created with python_avatars cream cheese says:

    I am 15 and watching this, I am so lost…

  12. Avataaar/Circle Created with python_avatars TopGMindset says:

    I’m 17 right now and turn 18 in July. My main goal is real estate investing and will have 10k to invest and willing to do so. Im just lost right now on how to start because I feel like I need some type of mentor to help get me started and make good decisions. I have thought about going to work as an assistant this summer at a real estate broker and get some experience and some networking. Do you think this is a good idea?

  13. Avataaar/Circle Created with python_avatars CARDO says:

    Bro you look like Ryan Reynolds😂

  14. Avataaar/Circle Created with python_avatars Daniel Nasif says:

    Kevin The master mercher on osrs

  15. Avataaar/Circle Created with python_avatars Al-Punto pa la Raza says:

    Nobody is gonna pay you $3500 a month for rent for that house lol you are crazy

  16. Avataaar/Circle Created with python_avatars Glen Dick says:

    Dragon med helm in the background osrs!!! Love it hahaha 🤣🤣🤣

  17. Avataaar/Circle Created with python_avatars beaznuts says:

    If youre getting started in Virginia, (And possibly other states too, check yours) they give first time homebuyers using FHA loans a down payment grant that contributes up to 2500$ towards your downpayment if you meet their requirements (75k a year max income basically)

  18. Avataaar/Circle Created with python_avatars Bark-aholic says:

    A 400K mortgage approved working at Red Robin and Jamba Juice? Who co-signed?

  19. Avataaar/Circle Created with python_avatars THAT ONE KID says:

    This dude used his parents wealth dude was already rich

  20. Avataaar/Circle Created with python_avatars Zaid Khalil says:

    Why is this the first time I’m watching this lol 😂 love it. It’ll take me 5 hundred years to get rich 🤣

  21. Avataaar/Circle Created with python_avatars Susan Nico says:

    Investment in stocks is a great way to invest your money. The team is constantly checking the market for changes and make sure that you are always informed about the best time to invest. As a result, I have made more money than ever before, and I don't have to manage my portfolio on my own! Invest in stocks, it's worth it!

  22. Avataaar/Circle Created with python_avatars Dallas Dowden says:

    How did you you get loan with that low income? You must had daddy co-sign

  23. Avataaar/Circle Created with python_avatars Nick Marks says:

    How did you qualify for a $300k FHA loan working at Red Robin? What was the min amount you needed to make to qualify ?

  24. Avataaar/Circle Created with python_avatars space cable says:

    lmfao i cant even afford my rent this month

  25. Avataaar/Circle Created with python_avatars FenweyFrenchies says:

    Bro predicated what I was already doing on Robinhood😭😭😭😭

  26. Avataaar/Circle Created with python_avatars duke says:

    This guy is so annoying

  27. Avataaar/Circle Created with python_avatars Monkey D. Garp says:

    i was like Dragon med helm?

  28. Avataaar/Circle Created with python_avatars Joey Gordon says:

    Is that a dragon med helm in the background ? 😮

  29. Avataaar/Circle Created with python_avatars End of Quote Repeat the Line says:

    Seems easy enough lol

  30. Avataaar/Circle Created with python_avatars Hung Hing says:

    how did you afford monthly mortgage payment before having renters?

  31. Avataaar/Circle Created with python_avatars Meet Kevin says:

    You can do it too!

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