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Updated about 2 years ago on . Most recent reply
LIVE: Biggest obstacle to buying your first investment property?
Ashley Kehr, author of Real Estate Rookie and co-host of the Rookie podcast will be taking over the BiggerPockets' Instagram tomorrow to answer all your rookie investing questions and discussing how to overcome obstacles to getting your first rental!
👉 What has/is preventing you from buying your first rental property?
⬇ Comment below ⬇ and tune in tomorrow on Instagram for @Ashley Kehr's advice!
Most Popular Reply
#1 Rehabbing & House Flipping Contributor
- Contractor
- Scottsdale, AZ
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#1 Rehabbing & House Flipping Contributor
- Contractor
- Scottsdale, AZ
I'm not a rookie but I'll comment what I think is holding most rookies back based on convos I have at meetups and what I see around the forums:
1. They don't have the money for a down payment. And "creative finance" deals are much easier said than done.
2. They can't make the numbers work with high interest rates (unless they put a ton of money down, which brings us back to issue #1)