All Forum Posts by: Levi Atterberry

That’s what I  thought from everything I had read on BP and else where. Thank you guy for your help it is truely appreciated. 

Hey BP members,

I’m thinking about getting into real estate investing and am starting to think about how I would manage my first property. I spoke with a real estate agent and was told that I would not be allowed to manage the property myself without a real estate license.  Is this true? Thank you all for your help. 

That is fantastic information guys. Thank you.

Hey everyone,

This is probably a silly question but could I take out a personal loan ,for instance from lending club, to cover the money an HML won't cover?

Thank you all for the great advice. I really do appreciate it. 

I'm trying for buy and hold. I'm confident in my ability to analyze properties, I've run the numbers on nearly 100 properties I would bet. That is great advice on the HML. As far as the repair situation I was considering taking out a personal loan if the repairs were more than I could afford from my job. My girlfriend and I were hoping not to have to move however house hacking has crossed our minds. Could I take out a personal loan for the down payment not covered by an HML? Not the best idea but a possibility?

Hey there everyone,

I’m trying to get into real estate investing but I’m having a hard time with financing. I contacted a lender from a large bank and she told me that since I have never owned a property no lender would lend to me for investing. I don’t have money for a down payment but am more than happy to save until I do or work out a deal. So my question is should I save until I can finance a property a more conventional way ( which I’m worried they would tell me the same thing then) or do you know more creative ways I can get financing? Thank you for any advice you have to offer.