You can also try creative financing like seller financing or taking over a seller’s mortgage to avoid big upfront costs.

Hello everyone,Imagine this topic would get more engagement in a Creative Financing space.

Most of the rental income can help you qualify for more as well.There are plenty of creative ways to go about getting into your first deal but you may need to get a solid work history before being approved for a residential loan.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

Would you be open to any type of creative financing on the property? 

.- Creative Financing: Partnering with other investors, seller financing, or using HELOCs can help scale your portfolio faster while preserving your capital.- Land Development: Got an eye for raw land?

The ability to adapt and think creatively will set you apart. 

While you work on that, you could also explore creative financing options like DSCR loans or partnerships to fast-track your first STR.

If they’re concerned about price, offer creative terms like seller financing or a higher price with favorable contingencies.

Age doesn’t limit you a small mind and lack of creativity does.