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Updated over 8 years ago on . Most recent reply
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How do I get funding for my first investment property?
Any advice on how I can get funding for my first investment property? Seems like people don't want to deal with properties that are 50k or lower. Any advice would be welcomed.
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I invest in properties under 50k but that is because I am not afraid to go after the hard to manage deals and tenants. I'm not afraid of risk. There are many ways to get the funding for investment properties. I am not an expert but there are free webinars every Wednesday on this site hosted by Brandon Turner and he covers a lot of these topics. I'm sure others will chime in to give their expert advice, but I can say that the webinars and podcasts that this site puts together are very helpful. I went from not knowing where to start to making my first offer in about 2 months. Disclaimer to that is, I was able to put many many hours of studying and learning into that time frame because I am now doing this full time. Look up other threads in the community and read some of the stuff that is in there about how to get started. A lot of great information in there. Welcome to BP and good luck.