Starting Out in Real Estate Investing
I am new to the world of real estate investing and struggling to get going with my first property due to lack of financing and loan opportunities available to me...if anyone has a suggestions of advice on how to overcome this obstacle I would greatly appreciate it.
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Hey John, lack of financing or loan opportunities never stopped me. Have you looked into the DSCR loan program? I used this loan last year. It's for investment properties up to 8 units and works like a commercial loan where they don't look at your income. They look at the income from the property to approve the loan. Need to purchase in an LLC. I think what you need is some mentoring and skills in raising funds for your deals. DM me.