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Updated over 1 year ago on . Most recent reply

User Stats

9
Posts
11
Votes
Chris McCue
  • Property Manager
  • DFW, TX
11
Votes |
9
Posts

Funding your first deal, let's hear those stories!

Chris McCue
  • Property Manager
  • DFW, TX
Posted

How did you fund your first deal? Did you start one way but looking back found pro's or con's to that path? Maybe you have a favorite strategy that you wish you would of known back then, lets hear it. I know many begin with house hacking or a version of it but for most with families that can put a heavy toll on your significant other or kids to deal with when you are already situated in a "forever home". What creative ways have some found to be beneficial? Would you take a 401k loan? Would you do a cash out refi or heloc on your primary residence, although the current interest rates have jumped? Do you just prefer to wholesale till you can reach a 20% down amount? Or are you one that found another creative financing way or even a side hustle to get to that magic number, let's hear those stories!

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