Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Classifieds
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 about 1 year ago on . Most recent reply

User Stats

10
Posts
3
Votes
Wyatt Nauman
  • Investor
  • Boulder, CO
3
Votes |
10
Posts

I Need Financing Partner For House Hack

Wyatt Nauman
  • Investor
  • Boulder, CO
Posted

I’m dead-set on house hacking my way into a property somewhere near the Denver / Boulder area. 

I’d love to do a 50/50 split with someone looking to invest in an appreciating market. It would be a cheap buy-in for you because I can access a FHA loan for 3.5% down, and possibly a CHFA grant that allows up to $15K in down payment assistance.

I was close to getting pre-approved on my own, and had some ways to finance a deal myself up until my mom was recently diagnosed with stage 3 lung cancer😢. That being said, my money isn’t where it needs to be and I’m looking for a partner to split a small multifamily property with me. 

My plan is to house-hack until I can do a cash-out refi to fully pay back the down payment / loan and use any remaining funds to reinvest into another down payment. 

This could be the start of a very lucrative and long-lasting partnership for whoever is willing to jump in with me! 

I can find and analyze the property myself if needed. I plan on maintaining the property myself to save money and to further familiarize myself with the process.  I have the skills, the determination, and the time - I just don’t have the finances. 

About me: I’m 37, currently residing in Iowa. Very friendly, attentive, goal-oriented and ALL-IN on real estate! I’ve been following BP for over 2 years now and have been a pro member for about 6-9 months.  

My ultimate goal is to one day be successful enough with real estate investing that I can help my parents sell their house and get into a better situation. I’d also love to eventually be able to help my friends get housing that can not currently afford it. 

I beg of you - help me help you🙏 

Thanks for taking the time to read my post :) 

- Wyatt N

  • Wyatt Nauman
  • Most Popular Reply

    User Stats

    2,518
    Posts
    1,277
    Votes
    Matt M.
    • Realtor
    • Denver, CO
    1,277
    Votes |
    2,518
    Posts
    Matt M.
    • Realtor
    • Denver, CO
    Replied

    Are you able to qualify on your own at all or do you need a co-signer now??? You need the 3.5% down? Where is CAPEx, repair, etc $$$ going to come from? AND you want half of the split??? 

    As an investor, you'd have to sweeten the deal quite a bit more. I'd suggest saving your own coin and going at it alone. 

    Loading replies...