All Forum Posts by: Kaleb Bauer

Hello, I am looking for a 4+ Bedroom in Cedar Falls that I could live in and rent out when I go to college. I would love to find a seller who is willing to let me "buy on contract" and have me pay them directly instead of a bank. In my situation, I do not have a ton for a big down payment and therefore it is hard for me to get loan. However, with me buying on contract, I would be able to prove income through the house and I would be able to get a loan and buy in a couple years.

Thank you!

Kaleb Bauer

@Zach Rucker

That is awesome! I’m glad to know it can be done. That could be the route I take as well!

Thank you so much for the advice, Jacob!

Hello All!

I am a 19 year old college student here in Iowa. I have been interested in getting into real estate investing ever since reading "Rich Dad, Poor Dad" by Robert Kiyosaki. Since then, I have started reading about Brandon Turner and that is what led me here!

Since I am a college student, I don't have much saved up to start buying properties. However, I would like to get involved as soon as possible. I think I want to do a type of house hacking in the Cedar Falls area as I will attending University of Northern Iowa. I don't have any credit so it will be pretty hard for me to get a loan to purchase a rental property in Cedar Falls or Waterloo. Should I wait until I get a steady income and start saving up what I can for the future, or find a private lender somewhere who will be willing? Any information or advice would be really helpful.

Thank you for the help!

-Kaleb