Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 about 4 years ago,

User Stats

18
Posts
15
Votes
Nicholas Krieg
  • Rental Property Investor
  • Wabash, IN
15
Votes |
18
Posts

First time buyer ~ Understanding lenders and how to start out.

Nicholas Krieg
  • Rental Property Investor
  • Wabash, IN
Posted

I am just getting the ball rolling in Indiana. My goal is to have acquire my first property by May and hopefully a 2nd before the end of the year. (Wabash and surrounding to be specific). As I am analyzing deals daily and doing plenty of shopping, I've realized I need lending. I listen to the BP podcast religiously, and have heard "investing with little to no money down" multiple times. However, I'm having a hard time not getting lost in finding a lender or losing sight of the strategy more less. I can easily find multi-family properties less than 100k and SFH for 20~75k. However, for someone that doesn't have a boat load of cash to throw down, I get confused on where I can find financing that will fit my situation. Any advice is very welcomed. Indiana or not.

Loading replies...