For most rookie investors, real estate financing seems like a big hurdle to get over. With deals flying off the MLS so quickly nowadays, having your funding locked and loaded is as important as ever. Thankfully, even if you don’t qualify for bank financing (or you’ve maxed out your personal loan limit), you can still find some phenomenal financing options.
There are far too many ways to find funding for a deal, and if you find a steal of a deal, funding may even come to you. You can use OPM (other people’s money), partners with financing options, creative financing, seller financing and many other options discussed in today’s episode. The most important thing to know is that you don’t just have to go through conventional bank financing. In fact, you can ask the bank what type of special financing options they have for you!
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Want to Be a Guest on the Real Estate Rookie Podcast?
https://www.biggerpockets.com/guest
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Connect with a Mortgage Lender for Your Next Deal:
https://www.biggerpockets.com/loans
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Work with Hard Money Lenders to Fund Your Flip, BRRRR, or Rehab:
https://www.biggerpockets.com/real-estate-companies/hard-money-lenders
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The Essential Elements of the Creative Financing Toolbox:
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Connect with Tony and Ashley on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm
Tony: https://www.biggerpockets.com/users/tonyr75
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Shoot Ashley or Tony a Question on Instagram!
@wealthfromrentals or https://www.instagram.com/wealthfromrentals/
@tonyjrobinson or https://www.instagram.com/tonyjrobinson/
Episode 152
Show notes at: https://www.biggerpockets.com/rookie152
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