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.
General Real Estate Investing
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 9 years ago on . Most recent reply

User Stats

23
Posts
6
Votes
Shawn Pehrson
  • Insurance Agent
  • Saint Paul, MN
6
Votes |
23
Posts

New Rental Property

Shawn Pehrson
  • Insurance Agent
  • Saint Paul, MN
Posted

I just picked up another project and was able to purchase it with Zero out of pocket. Yes really Zero I got a check at closing for my earnest money back and also a check for the first draw from the rehab budget. I financed it threw Pine Financial Group. After the rehab is done I will be refinancing out of the hard money loan into a 30 yr fixed and still have very little too no money into the deal. I am going to be recording the process and sharing Videos on Youtube if you would like to follow along and ask questions.  I have done some flips and also hold other rentals. I work in the MN Market and am always looking for more deals.  Here is a link to the first Video that I made of the walk through. I will do updates and video's after demo, construction paint and a finished project.  I will be closing on another one tomorrow that I will be doing Video on as well. Let me know if you have any questions. And wish me luck on the next project

www.youtube.com/watch?v=0QaQ1L9F9lM

Loading replies...