Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Creative Real Estate Financing
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 over 8 years ago on . Most recent reply

User Stats

18
Posts
2
Votes
Chris Manglicmot
  • Arlington, VA
2
Votes |
18
Posts

Setting up finance

Chris Manglicmot
  • Arlington, VA
Posted
Hello all. I am new to investing. I would like to get others thoughts on lining up finances to purchase a home with no $ or very little. As I start looking for deals, my thought would be to line up my finance so I can quickly make an offer. Any thoughts would be great?

Most Popular Reply

User Stats

37
Posts
16
Votes
Brody Jett
  • Real Estate Agent
  • Spokane, WA
16
Votes |
37
Posts
Brody Jett
  • Real Estate Agent
  • Spokane, WA
Replied

Hello,
Glad to see the motivation. I always try to find ways to fund my next deal too. I have a few questions that might help you. How much are you putting forward into investing.? you could do an an fha loan which is 3.5% down  typically for a home and can even get you a multifamily up to a duplex I believe is what's in my area.

Another one I have seen in my area is wells Fargo has a 3% down type of conventional loan but the down fall when I called is you can't get into the multifamily with this one. 

You could Hello,
Glad to see the motivation. I always try to find ways to fund my next deal too. I have a few questions that might help you. How much are you putting forward into investing.? you could do an an fha loan which is 3.5% down  typically for a home and can even get you a multifamily up to a duplex I believe is what's in my area.

Another one I have seen in my area is wells Fargo has a 3% down type of conventional loan but the down fall when I called is you can't get into the multifamily with this one. 
Hello,
Glad to see the motivation. I always try to find ways to fund my next deal too. I have a few questions that might help you. How much are you putting forward into investing.? you could do an an fha loan which is 3.5% down  typically for a home and can even get you a multifamily up to a duplex I believe is what's in my area.

Another one I have seen in my area is wells Fargo has a 3% down type of conventional loan but the down fall when I called is you can't get into the multifamily with this one. 

There is a lot more I've seen. If I'm in the right area let me know and I can get you some more info. I did VA funding for most of mine which was good if you qualify. hope this helps.

-Brody Jett

Loading replies...