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Updated 11 months ago on . Most recent reply
![Jarred Marrow's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2770229/1694654436-avatar-jarredm24.jpg?twic=v1/output=image/cover=128x128&v=2)
Investors, Agents- looking to purchase first property
Hello all, I am currently interested in finally pulling the trigger and getting into my first property towards my RE portfolio. There are a few questions I have as my income isn't high and I know it might be hard to get a loan for a house but I do have enough capital raised for a down payment (15k). The main purpose of getting a property is that I want to use it as an investment property where I could have tenants or maybe even air bnb something that would bring me cash flow, I was wondering if anyone has any advice on loans or agents or maybe even any ideas/strategies that would be good insight on helping me beginning my journey. Also feel free to contact me as I am looking for like minded individuals that may be able to bring value to each other.
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@Jarred Marrow have you spoken with a loan officer already? I'm asking this because how do you know your income isn't high? Also, how do you know that $15k is enough? Who is telling you these things specifically?