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Updated almost 5 years ago,

Gerardo Gallardo's profile image
Gerardo Gallardo's profile image
Gerardo Gallardo
  • from Port Saint Lucie, FL
  • Member since Apr 19, 2020
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User Stats

21
Posts
7
Votes
Gerardo Gallardo's profile image
Gerardo Gallardo's profile image
Gerardo Gallardo
  • from Port Saint Lucie, FL
  • Member since Apr 19, 2020
Connect
Gerardo Gallardo
  • Port Saint Lucie, FL
7
Votes |
21
Posts
Starting Out

New construction Loan

Gerardo Gallardo
  • Port Saint Lucie, FL
Posted

Hi, my name is Gerardo Gallardo and I should start by stating that I’m new to Real Estate investing and BiggerPockets.

With that been said I’m looking for some advice.

I’m currently own a single family home which I financed with a 15 year 3% conventional loan. I’m looking to invest in a second property to rent. The goal is to have a monthly cash flow. The caveat is I don’t have the usual 20% down often required by conventional loans. Any advice?

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