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All Forum Posts by: Gerardo Gallardo

Gerardo Gallardo has started 7 posts and replied 21 times.

Starting Out

Post: New construction Loan

Gerardo GallardoPosted
  • Port Saint Lucie, FL
  • Posts 21
  • Votes 7

Hi, my name is Gerardo Gallardo and I should start by stating that I’m new to Real Estate investing and BiggerPockets.

With that been said I’m looking for some advice.

I’m currently own a single family home which I financed with a 15 year 3% conventional loan. I’m looking to invest in a second property to rent. The goal is to have a monthly cash flow. The caveat is I don’t have the usual 20% down often required by conventional loans. Any advice?

0 Votes