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Real Estate?

Evangelina Evans - 2007-12-16 23:32:21 - Financial Aid

i need help.i finished school early and dont know what to do.i dont have a car to go to college.so i cant start college,unless i know which one.so i wanted to be in real estate.if you know a good college in California near the fresno area,let me know.im thinking of getting a student loan from Astrive.is that good to do?you dont have to pay them back til' after you graduate.thank You! and also i might reply to your message by adding to my question so check back just in case. :) well its hard for me to get a job right now.i put in applications and nothing and most of them you have to be 18.im only 17.ive been finished with school since sept. and i need a good paying job if i want to go to college now.im waisting more and more time being at home!i need HELP!!

Best Answer:

I would encourage you with all of my might... DO NOT GET STUDENT LOANS! Save up the money to cash flow your first semester and then work during the semester to pay for the next semester. If you cannot afford a high-priced private school, go to a state school where you will get in-state rates. Student loans will be a major burden on you at the end. One of my friends has over $40,000 in debt and couldn't even finish his degree due to circumstances. It is a major strain in his life.

Answers:

I would encourage you with all of my might... DO NOT GET STUDENT LOANS! Save up the money to cash flow your first semester and then work during the semester to pay for the next semester. If you cannot afford a high-priced private school, go to a state school where you will get in-state rates. Student loans will be a major burden on you at the end. One of my friends has over $40,000 in debt and couldn't even finish his degree due to circumstances. It is a major strain in his life.

I don't think it is necessary to go somewhere to learn real estate. I have heard good things about Lumbleau Real Estate School, one of the oldest and most reputable real estate school in CA. I just purchased the entire course with textbook and several dvd's with streaming video. Check out the website. You don't need a car, just a computer with access to the web. II also wanted the program for the DVD player.

I don't know about California, but I'm getting into Real Estate and you can do it online (the cheapest course I found was around $260.00). It's not like going to school to get a degree. You take a course in preparation to take an exam the state provides, that you have to pass in order to get your Real Estate license. You'll have to be at least 18 to qualify to get your license for sure, but google Cali Real Estate Licensing/laws to be sure. In some states you have to be 21.

There are two sources for student loans -- the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most<!--instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs. http://best-loans.awardspace.com/student-loans.htm Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan-->you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.

I would consider John Lumbleau's school found at Lumbleau.com. But I am not sure you're ready to be a real estate agent. It's a *very* complicated and litigious profession and to avoid being sued you need to be sharp, intelligent and have a lot of life experience. No offense because you're young! I am just being honest. Come back to it in ten years when you're 28. I think it won't be as overwhelming. It's also expensive to get in. I would know. I have been a broker for a very long time.