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Updated almost 2 years ago on . Most recent reply

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Eli Kim
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23
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Financing methods for new investor?

Eli Kim
Posted

Hey guys,

So I just started my real estate journey a few months ago. I bought my first rental with a conventional loan. My question is this; what financing methods would you say is recommended for my next few properties? I’m planning on purchasing another property in another few months with another conventional loan. However, I’m also looking into seller financing but they have balloon payments which I feel can cause a problem later on as a new investor. I’d also appreciate any thoughts on different creative financing methods.


thanks. 


Most Popular Reply

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9,861
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Eliott Elias
  • Investor
  • Austin, TX
5,552
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Since you do not have two years of experience with real estate, you are going to have to take out DSCR loans and owner finance/subject to to be able to be uncapped.

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