Updated over 2 years ago on . Most recent reply
Lets talk Newbie Financing...
I am looking to dive into investing this year. I know this is a big deal, but my question is.... from a financial perspective, if I cannot afford a 20% down payment, what are some other options I should look into to obtain the right type of loan/lenders
Most Popular Reply
Welcome to BP!
If it’s your first house, you can start with a house hack. There are a lot of great programs for first-time homebuyers that help with downpayment assistance.
After that, you can also look to do a joint venture with a group or like Eliott said, find a great deal and get it under contract.
One of the best things you can do right now is educate yourself. And you've joined one of the best communities for all things real estate investing.
1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf
2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...
Also read, Rich Dad, Poor Dad by Robert Kiyosaki
When you’re ready to buy, I can connect you with a realtor to help you start your investing journey.
I wish you all the best!