![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/312551/small_1621443515-avatar-wynnm.jpg?twic=v1/output=image&v=2)
6 October 2021 | 3 replies
Looking to find relatively short term financing to complete the renovation before refinancing into a traditional 30 year fixed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2270530/small_1633547439-avatar-timothyh183.jpg?twic=v1/output=image&v=2)
15 October 2021 | 2 replies
Do: go to a lot of networking events, work/study/learn every single day, commit to the processDon't: Spend a bunch of money on coaching right away, get shiny object syndrome, think 'get rich quick' is realisticGo to meetup.com and find real estate networking events close to you.
6 October 2021 | 2 replies
Robert Kiyosaki’s “Rich Dad, Poor Dad” and “The Richest Man in Babylon” and man….
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2273716/small_1633564887-avatar-oscars95.jpg?twic=v1/output=image&v=2)
7 October 2021 | 4 replies
@Oscar Sanchez whenever I think about a purchase like that my mind floats back to Rich Dad Poor Dad and try to classify it as an asset or liability.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2238608/small_1694596279-avatar-cktx81co.jpg?twic=v1/output=image&v=2)
7 October 2021 | 3 replies
They will lend on the property's ability to repay the debt instead of your personal ability like traditional lenders.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2024557/small_1629938572-avatar-gabeg45.jpg?twic=v1/output=image&v=2)
7 October 2021 | 1 reply
Our current plan is to split the down payment, secure traditional financing through the use of co-signers, and rent out the remaining bedrooms to other roommates who will pay us a fixed rent amount, and we will use that money to pay the operating expenses of the home.
8 October 2021 | 5 replies
If you have not, great books to read are:• Rich Dad, Poor Dad• The Millionaire Next Door• Cash Flow Quadrant • Tax Free Wealth• Set For Life• Rental Property Investing• The Millionaire Real Estate Investor• The REAL Book of Real Estate• So Good They Can’t Ignore YouYou are more than welcome to reach out if you have any questions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/341325/small_1621445382-avatar-shawnkostoff.jpg?twic=v1/output=image&v=2)
6 October 2021 | 0 replies
He was looking to sell his house and did not want to list with a realtor or go with a traditional sale.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2274149/small_1633614894-avatar-luisc276.jpg?twic=v1/output=image&v=2)
8 October 2021 | 15 replies
In January of this year, I bought my online real estate course because I read Rich Dad Poor Dad, but it just seems like a lot.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2234869/small_1695063366-avatar-demarcos5.jpg?twic=v1/output=image&v=2)
8 October 2021 | 2 replies
Save up.Perhaps, if you feel the urge and are comfortable with higher risk, you can use the money you have now to advertise, sending yellow letters to distressed property owners in the hopes of picking up a place below market value using hard money and rehabbing it to refinance cash back out, but it's not always the best idea to start with a complex purchase with tons of moving parts before you've jumped in the game the traditional way.Best of luck, whatever you choose to do!