Starting Out
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on . Most recent reply
![Thor Klein's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2270869/1694912260-avatar-thork1.jpg?twic=v1/output=image/cover=128x128&v=2)
How to buy first investment property without traditional loan
Hello bigger pockets community,
I am 23 years old and am very motivated to buy my first investment property sooner rather than later. I have read several real estate investing books and listen to a lot of bigger pockets podcasts but am still new and fairly inexperienced to real estate investing and realize that taking action is the key.
I have around 40-50k that I can put into a down payment but my main hurdle is financing the property. I am not able to qualify for a traditional loan due to my lack of job history. I am posting on here to see if anyone has any tips or suggestions on how to buy an investment property without traditional financing. I live in San Diego so am looking for an out of state investment because I am not able to afford a SFH here as they are too expensive. Any out-of-state investing advice would be greatly appreciated as well!
Thank you for the suggestions!!