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.
New Member Introductions
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 6 years ago,

User Stats

16
Posts
2
Votes
Jen Allred
  • Missoula, MT
2
Votes |
16
Posts

I landed my first deal, now what?

Jen Allred
  • Missoula, MT
Posted
Hi my name is Jen I’m a newbie to real estate investing I’m struggling with getting myself out there and feel intimidated. I fell into a deal, triplex seller finance $310,000 6% over 30 years $20,000 down escrow payment $1572/month. All units need updating and empty right now my question is what now? What are some options for raising the funds to finish out the property? It’s a rural river front property and main highway exposure is Airbnb a good option? What are some other ideas for income? In my area long term renters will just make the payment and overhead. Should I refinance and pull as much out as possible for my next deal? Help

Loading replies...