Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 4 years ago on . Most recent reply

User Stats

23
Posts
11
Votes
Justin Badillo
  • New to Real Estate
  • Colorado Springs, CO
11
Votes |
23
Posts

Best way to start investing in real estate

Justin Badillo
  • New to Real Estate
  • Colorado Springs, CO
Posted

I am starting to educate myself in real estate investing and the biggest issue that I have is that I really don’t have any money to start. I’m young and beginning my professional career but also have a passion for real estate investing and cash flow. What’s the best place to start and/or find funding? I know hard money/soft money lending are options but not sure where to find those either. Thank you!

P.s. I’ve tried wholesaling but not a huge fan. If it is the best option I’ll continue to pursue it though..

Most Popular Reply

User Stats

338
Posts
218
Votes
Tom Wagner
  • Real Estate Agent
  • Minneapolis
218
Votes |
338
Posts
Tom Wagner
  • Real Estate Agent
  • Minneapolis
Replied

While this forum is a great place for investors to offer their opinions and discuss different options, there's only one right answer here: a 3.5% down house hack via the FHA or FHA 203k loan, ideally to buy a triplex or fourplex

When used responsibly, this move has a 95%+ chance of jumpstarting your real estate career and generating more wealth than any other option. It is truly the only way to generate returns meaningful enough to change your life with as little as a few thousand dollars down.

If you are really short on cash you can ask the seller to cover the UFMIP and/or closing costs.

Loading replies...