Creative Real Estate Financing

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Caleb Brown
  • Real Estate Agent
  • Blue Springs
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Intro and Questions...

Caleb Brown
  • Real Estate Agent
  • Blue Springs
Posted Sep 4 2019, 12:51

Hey guys super excited to get more involved in BiggerPockets. I've been listening to Youtube/Podcasts but want to dive deeper. I am located in the Kansas City market which has been booming. I am 19 I got my license last year after graduating high school early. I've been helping buyers of all types and enjoy it. The investing side intrigues me the most because I can build wealth and leave a legacy. Working towards saving money along with building credit.Owning multi-family along with developing is the strategy I want to pursue. The few questions I have are...

1) The ideal property for my first investments would get a 2-4 unit and live in one unit. Is conventional or FHA the best financing? I'd be able to do 10%-20% if I went the conventional route.

2)Thoughts on property management for the first one? I'd want a property manager to manage since it'd be a lot to handle. 

3) Partnering a good idea for the first one? If I did partner what would the best way to structure it?

I'd appreciate any feedback and would love to connect with new investors :)

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