All Forum Posts by: Eric Schroeder

I tried to click on the "Attend Event" button but it doesn't seem to be working. Do I need to register or is it okay to just show up?

@Dan Mackin right now I just own my family home in Loveland.  We were hoping to move out of our current home in the next couple years.  I had been asking around about keeping my current home as a rental property but I've been getting mixed answers.  
What you are referring to, would that involve traditional financing, and/or would a bank allow me to keep one home as a rental (with no current experience)?

@Timothy Lee  Thank you! Yes I definitely don't want to get overwhelmed by information and just remain at a standstill.  I am eager to learn what I can though from those who have done or are doing it.  
My long term goals, or 5 year goal right now, is to start by purchasing 2-4 homes per year over the next 4+ years, and pay them off one at a time from the revenue.  Eventually having 8-16 homes renting out and providing me with a passive income.  The reason I wanted to avoid traditional financing has mostly to do with the loan to value from the banks. I don't have any reserve money for a down payment at this time.  The course I am taking has gone over a few creative financing possibilities as alternative ways to raise money and purchase a home (and grow from there).   A lot of emphasis on trying to find deals though to make it work.  

Thank you @Mindy Jensen and @Dan Mackin I will plan on attending the Erie meetup!  Also @Anson Young he did mention it might be difficult to procure an accredited investor, or that we would need to build some experience first.  
I'm looking for any and all advice I can get.  To all three of you, in your opinions, what creative financing method would be best for someone who is new?  I'd like to try and avoid traditional financing if possible.  Thanks! Eric 

Thank you for the welcoming messages!  @Dan Mackin I am taking a course through Tai Lopez's "Knowledge Society", which is being taught by Cole Hatter.   Approximately a 4 month program that we started a week ago.  So far we've talked about some strategies to find home deals and then went over, in short, different ways to fund them.  It seems that Private Money Lenders is the way to go, assuming you can find the right deals and an accredited investor. He also highly encouraged going to local meetups  So that is something I'll definitely be looking into.

I am interested in become a real estate investor, primarily as a hold and rent.  I am currently in a course for this and looking into resources, came across "BiggerPockets".