Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Financing for a newbie
Hello BP Community,
Currently I am college student who has been working with a local brokerage firm some time now and have gotten to learn a lot about real estate through them and other internships I have had. I am graduating in a few weeks and have decided not to go into the corporate world and will be a licensed real estate agent and hopefully a soon to be investor to one day reach financial freedom.
A goal of mine is to house hack my first property, because there are a decent amount of 1-4 unit properties in my area. I am also looking for one I can rehab and add value to.I am trying to figure out ways to acquire my first property and while I'll be on a 1099 return and instead of a W2, that makes things a little more tricky and will delay the process of me getting a loan. I do have some capital for the down payment, okay credit and would be able to find the deal, but have been stuck on ways I could potentially finance this future property. What are some innovative ways you all have financed properties while in a similar situation as me?
Any advice helps!
- Brandon Goldsmith
- [email protected]
- 614-963-3340