Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Steven Lowe
  • Clarkston, MI
0
Votes |
3
Posts

Asking Advice for financing

Steven Lowe
  • Clarkston, MI
Posted

Im wondering my options on financing my first property. most banks wont approve me for a loan because of the current time ive been at my job (6 months)

So im just wondering where i could look to find a loan of around 40000 for a property.

Most Popular Reply

User Stats

2,686
Posts
1,435
Votes
Tom S.
  • Real Estate Investor
  • Burlington, VT
1,435
Votes |
2,686
Posts
Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Steven Lowe  Just keep calling more banks, especially smaller ones that hold their loans in-house (don't sell them to the gov't).  Banks like this usually decide loans by a loan committee, and can have more flexibility.  And as mentioned above, also seek seller finance deals.

Loading replies...