Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 almost 5 years ago,

User Stats

1,051
Posts
1,318
Votes
Brandon Goldsmith
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
1,318
Votes |
1,051
Posts

Financing for a newbie

Brandon Goldsmith
Agent
Pro Member
  • Real Estate Agent
  • Columbus, OH
Posted

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!

Loading replies...