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All Forum Posts by: Robert Smith

Robert Smith has started 21 posts and replied 32 times.

Post: Finance Options Available For My Situation?

Robert SmithPosted
  • New to Real Estate
  • Ooltewah, TN
  • Posts 32
  • Votes 4

Thanks for the advice Ben, I will definitely look into those avenues. 

Post: Finance Options Available For My Situation?

Robert SmithPosted
  • New to Real Estate
  • Ooltewah, TN
  • Posts 32
  • Votes 4

Hi all,

After listening to podcast episode 200, I figured I'd go ahead and start asking some questions since I'm completely new to buying real estate for rentals. 

Here is my situation, and 1 of my questions after listening to the podcast is finding out what finance options are available to me.

My case:

  • I own 1 home that is my primary address that I live in.
  • I currently have no debt and have about $8,000 saved in my housing savings account
  • My main objective in real estate is to purchase either single family units or duplex units to rent out to eventually pay for my primary home's mortgage month to month. 

I currently live near Chattanooga, TN and want to invest in properties in that area or near it. 

Not sure what else to list here...again completely new, and any advice is appreciated to start me in the right direction.

Thanks