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Updated over 8 years ago on . Most recent reply

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9
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Rachele Ramirez
  • Stanton, CA
1
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9
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How do I get funding for my first investment property?

Rachele Ramirez
  • Stanton, CA
Posted

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.

Most Popular Reply

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593
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381
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Kristopher Hanks
  • Rental Property Investor
  • Davenport, FL
381
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593
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Kristopher Hanks
  • Rental Property Investor
  • Davenport, FL
Replied

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. 

  • Kristopher Hanks
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