Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 10 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Luis Rondon
  • Real Estate Investor
  • Providence, RI
2
Votes |
10
Posts

Financing Tips

Luis Rondon
  • Real Estate Investor
  • Providence, RI
Posted

What are some great financing tips for first time investors? What number should I be focusing at as a first time investor? 

Most Popular Reply

User Stats

402
Posts
177
Votes
Josh Mitchell
  • Real Estate Agent
  • Naperville, IL
177
Votes |
402
Posts
Josh Mitchell
  • Real Estate Agent
  • Naperville, IL
Replied

@Luis Rondon Depends on what your financials look like and how much you have to invest. Some things to keep in mind are things like Loan to Value, Debt to income ratios, etc. If you are looking to purchase a rental property usually 20-25% is required for a downpayment.

Loading replies...