Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago, 07/26/2022

User Stats

26
Posts
18
Votes
Armando Montrond
18
Votes |
26
Posts

Find leads or get money saved first?

Armando Montrond
Posted

Hey there! I am sure this question has been asked a bunch of times in different ways but would love some help with where i should be focused. I currently have a 3 family property that I am house hacking. My rate is SO LOW that it doesnt make sense to refinance out of it to do another FHA right now and there isnt a ton of equity in the property to qualify for a HELOC. So as I look to scale out my portfolio, I know i need money which i don't exactly have enough right now for a 20% down payment. BUT I also want to start marketing to find deals.

My question is ..Should I start up the marketing engine to start finding deals and then if something comes across thats good, start to look for some private capital OR wait and save up the 20% (around 100k minimum in my area) before marketing looking for deals? 

Thanks!

Loading replies...