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
Creative Real Estate Financing
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 3 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Jenna Mayeres
  • Realtor
  • Shadyside, OH
5
Votes |
11
Posts

Share how you financed your first 5 (or more) properties.

Jenna Mayeres
  • Realtor
  • Shadyside, OH
Posted

Would love to hear your specific experience financing your first 5 properties. My fiance and I just purchased our first property (2 units) with an FHA loan and we are house hacking for the minimum required owner occupancy. We put him on the loan alone so that I could also qualify for an FHA loan once I file 2021 taxes and have 2 full years of income from my W2. I'm now a licensed Realtor but I'm keeping my W2 job just to have the income on paper for another purchase. Thinking about purchasing another duplex this winter with 25% down? Would love to hear your story and I'm open to any advice. Here are a few goals of ours:

- 3 more purchases in 2022

- a more permanent primary residence in the next 2 years

- out of state Airbnb property in the next 2-3 years

- considering short term flips (he is a carpenter) for quick profit to reinvest but our primary goal is buy and hold. Turnkey or BRRRR

Loading replies...