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Updated over 11 years ago on . Most recent reply

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9
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Dennis Guzman
  • Los Angeles, CA
5
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9
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how to fund in Los Angeles

Dennis Guzman
  • Los Angeles, CA
Posted

Hello BP,

So after listening to about a dozen BP Podcasts, I've determined that wholesaling may not be the best place to start. My current situation requires that I find a new place to live in the next 6 months so I think I maybe should consider a 2 or 3 unit complex to start. My only concern is funding? I make a decent wage, however almost half of my wage goes to support payments and the rest goes to paying down debt. Would hard money be a viable option? Is an FHA 203k loan impossible to get?

Any help and suggestions would be greatly appreciated.

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