Skip to content

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
Private Lending & Conventional Mortgage Advice
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 9 years ago on . Most recent reply

Account Closed
  • Philly PA
39
Votes |
37
Posts

Alternative funding/private funding

Account Closed
  • Philly PA
Posted

I recently graduated nursing school (hello job security) and I want to invest in real estate. The problem is I'm having trouble getting my first full time job- my lovely school messed up three times and screwed me out of 3 months of wages. Now that everything is straightened out I'm applying like crazy with no success as of yet. I'm working almost full time where I'm at now- $24 an hour, my credit score is 724 ish and I have no bad remarks on my history.

I have already missed out on two properties I loved because of this nonsense with my school and now there's a third one that's even better than the first two. Properties in this town go quick- in as little as three days. It's three units, I had planned to buy it with an FHA, live in one, rent the other two.

Has anyone had any success with unconventional funding?? I feel like if it sounds too good to be true it probably is.... 

Loading replies...