Creative Real Estate Financing
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Updated about 4 years ago on . Most recent reply
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How do I get a lender?
Hello! I’m looking for some advice on creative financing.
Last year I purchased a mobile home with the intention to renovate and rent but unfortunately my work hours got cut and I ended having to sell the property for less then what I paid.
After filing my taxes it came to my attention that I made 20k last year (before taxes) and after busting my butt off all year I hand nothing to show for it barely even survived the year.
This year I want to purchase a multifamily and house hack to free up income so I can eliminate debt and begin building my portfolio.
Due to my lack of financial intelligence the first couple years of adulting I just about set myself up for failure. Fortunately I came across Rich Dad Poor Dad and it’s truly been a game changer.
I know there are more ways to purchase a property outside the traditional mortgage, Where should I start?