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Updated over 8 years ago on . Most recent reply

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18
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3
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Lamont B.
  • Realtor
  • Reisterstown, MD
3
Votes |
18
Posts

Securing funds for investment

Lamont B.
  • Realtor
  • Reisterstown, MD
Posted

Afternoon BP community,

I'm really new so bare with me.... Since reading Ultimate Guide provided by BP, I've been thinking about how to finance my first investment.  So far I've contemplated cash advances from credit cards, home equity loan (just moved in so may not be much there), bank loan, 401K, etc Is there a "best way"or get the funds from whoever is willing to give it to you.

Any guidance will be appreciated. Thanks

Most Popular Reply

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463
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220
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Patsy Waldron
  • Rental Property Investor
  • Orlando, FL
220
Votes |
463
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Patsy Waldron
  • Rental Property Investor
  • Orlando, FL
Replied

Fannie Mae has an investor-friendly loan called HomeStyle that funds purchase and rehab. 

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