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.
Real Estate Deal Analysis & 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 over 8 years ago,

User Stats

38
Posts
9
Votes
Mahonri Bussey
  • Investor
  • Payson, UT
9
Votes |
38
Posts

take out a loan for the down payment?

Mahonri Bussey
  • Investor
  • Payson, UT
Posted

I've been investing hard in my education on real estate investment and have found that I have come to the point that I just dont have the money to get started. I cant do a house hack atm. My idea is to find a good deal on a duplex,triplex or fourplex and then take out a loan in order to pay for the down payment. I currently have no debt and want to get started on my property investments. I know the equity I can build in a multi family can help me on the next deal a year or two later and I can even refinance to get the money out and use it to invest in the next property while the old one is still paying for the mortgage/ personal loan. Thoughts and ideas and suggestions on how to get started are always appreciated. Thank you ahead of time

Loading replies...