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
Private Lending & Conventional Mortgage Advice
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 2 years ago on . Most recent reply

User Stats

12
Posts
5
Votes

Is 100% funding even possible for a new investor?

Zachary Thompson
Posted

I've looked and looked and fought off scam after scam trying to find the ever elusive, "100% funding" company to partner with as a beginner. I already have a property under contract but do not have funds for a 10%-15% down payment on a loan that will still then leave me 10%-15% short on total cost plus whatever closing costs may be. So I ask you, BiggerPockets pros, does 100% funding actually exist and if so who can get me started with an application today? 

I should add that I am in Ohio

Most Popular Reply

User Stats

116
Posts
111
Votes
Jossalyn Wallace
  • Real Estate Agent
  • Destin, FL
111
Votes |
116
Posts
Jossalyn Wallace
  • Real Estate Agent
  • Destin, FL
Replied

Are you going to be occupying the property? That is going to be the best way for you to get little or no money down. You can go FHA (3.5%) or look into credit unions and see if they offer any first time home buyers programs. If you're buying it as an investment there is likely no way to avoid the downpayment. Purchase as primary and house hack!

  • Jossalyn Wallace
  • Loading replies...