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
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 6 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Lindsey Price
  • Attorney
  • Pomeroy, OH
0
Votes |
4
Posts

Funding my next rental

Lindsey Price
  • Attorney
  • Pomeroy, OH
Posted

We currently have three buy and hold rentals and it is going great. I want to purchase more but our credit sucks so traditional mortgages are out. Real estate prices here are super low so I would have to purchase a number of properties to hit the minimum loan amount for a number of lenders. A lot of our area is in a flood zone as well. So multiple obstacles, but I am determined. All assistance appreciated. Thank you.

Most Popular Reply

User Stats

10,262
Posts
16,130
Votes
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,130
Votes |
10,262
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied
Originally posted by @Lindsey Price:

We currently have three buy and hold rentals and it is going great. I want to purchase more but our credit sucks so traditional mortgages are out. Real estate prices here are super low so I would have to purchase a number of properties to hit the minimum loan amount for a number of lenders. A lot of our area is in a flood zone as well. So multiple obstacles, but I am determined. All assistance appreciated. Thank you.

 Low prices and flood zones sounds like seller-financing may be a fit.

Target tired landlords off-market vs Jack and Jill homeowners on the MLS.

Learn the risks of Land Contracts and how to protect yourself.    Go get 'em!

Loading replies...