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Updated about 8 years ago on . Most recent reply

Lamont B.'s profile image
Lamont B.'s profile image
Lamont B.
  • Realtor
  • from Reisterstown, MD
  • Member since Dec 13, 2016
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Lamont B.'s profile image
Lamont B.'s profile image
Lamont B.
  • Realtor
  • from Reisterstown, MD
  • Member since Dec 13, 2016
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Lamont B.
  • Realtor
  • Reisterstown, MD
3
Votes |
18
Posts
Private Lending & Conventional Mortgage Advice

Securing funds for investment

Lamont B.
  • Realtor
  • Reisterstown, MD
Posted

Afternoon BP community,

I'm really new so bare with me.... Since reading Ultimate Guide provided by BP, I've been thinking about how to finance my first investment.  So far I've contemplated cash advances from credit cards, home equity loan (just moved in so may not be much there), bank loan, 401K, etc Is there a "best way"or get the funds from whoever is willing to give it to you.

Any guidance will be appreciated. Thanks

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Patsy Waldron's profile image
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Patsy Waldron
  • Rental Property Investor
  • from Orlando, FL
  • Member since Jul 19, 2016
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Patsy Waldron's profile image
Patsy Waldron's profile image
Patsy Waldron
  • Rental Property Investor
  • from Orlando, FL
  • Member since Jul 19, 2016
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Patsy Waldron
  • Rental Property Investor
  • Orlando, FL
220
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463
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Patsy Waldron
  • Rental Property Investor
  • Orlando, FL
Replied

Fannie Mae has an investor-friendly loan called HomeStyle that funds purchase and rehab. 

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