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Updated about 11 years ago on . Most recent reply

Luis Rondon's profile image
Luis Rondon's profile image
Luis Rondon
  • Real Estate Investor
  • from Providence, Rhode Island
  • Member since Aug 5, 2014

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Luis Rondon's profile image
Luis Rondon's profile image
Luis Rondon
  • Real Estate Investor
  • from Providence, Rhode Island
  • Member since Aug 5, 2014
Luis Rondon
  • Real Estate Investor
  • Providence, RI
2
Votes |
10
Posts
Starting Out

Financing Tips

Luis Rondon
  • Real Estate Investor
  • Providence, RI
Posted

What are some great financing tips for first time investors? What number should I be focusing at as a first time investor? 

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Josh Mitchell's profile image
Josh Mitchell's profile image
Josh Mitchell
  • Real Estate Agent
  • from Naperville, IL
  • Member since Nov 25, 2013

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Josh Mitchell's profile image
Josh Mitchell's profile image
Josh Mitchell
  • Real Estate Agent
  • from Naperville, IL
  • Member since Nov 25, 2013
Josh Mitchell
  • Real Estate Agent
  • Naperville, IL
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Josh Mitchell
  • Real Estate Agent
  • Naperville, IL
Replied

@Luis Rondon Depends on what your financials look like and how much you have to invest. Some things to keep in mind are things like Loan to Value, Debt to income ratios, etc. If you are looking to purchase a rental property usually 20-25% is required for a downpayment.

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