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Updated about 9 years ago on . Most recent reply

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Trevor Beck
  • Austin, TX
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NEWBIE INTRO (Denver, CO)

Trevor Beck
  • Austin, TX
Posted

Hey BP!

I've been somewhat active on the site, watching webinars and reading books, but have yet to introduce myself to the community. I just graduated from Colorado State University and am self employed as the owner of a screen printing company and personal trainer. After reading Rich Dad Poor Dad (of course) I am very eager to get into real estate investing sooner rather than later!

One of the biggest obstacles I've ran into is financing. Being self-employed doesn't help with banks and my current financial situation (just graduated) isn't great. However I know that through some creative financing anything is possible! Does anyone have any advice for my current situation?

Thanks BP

  • Trevor Beck
  • Most Popular Reply

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    Dan Mackin
    • Real Estate Agent
    • Erie, CO
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    Dan Mackin
    • Real Estate Agent
    • Erie, CO
    Replied

    Welcome @Trevor Beck. Self employment does make things suck for a while with financing and you really need to show consistency. Sometime going in with someone else on a mortgage can work depending on the lender. In most cases for folks this is a parent, sibling, etc. That 2 year period can be difficult, but goes by quicker than you think. 

    Depending what your schedule is you should try to make it out to the Denver meetup tonight. It's actually being held at BP headquarters and will be packed with people with all different kinds of knowledge. Could be a chance to gain some of the info you want.

    https://www.biggerpockets.com/forums/521/topics/400184-denver-meetup-february-23rd---at-biggerpockets-w-josh-and-brandon

    • Dan Mackin
    • 720-466-3378

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