Buying Your First Rental Property #4 of 7 - Financing Your First Rental Property
Welcome to the Bigger Cash Flow podcast series titled “buying your first rental property”. In this 7 part audio series, I will go through step by step on how a new investor can buy their first out of state or local rental property.
Goal Setting
Market Analysis
How to find a Contractor and PM
Financing Your First Rental
Property Underwriting & Analysis
Due Diligence Process
Managing and Scaling Your Portfolio
Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 63 rental units over the past three years using various strategies such as BRRRR, Seller Financing, Private/Hard Money, Portfolio Lending, Subject To and Partnerships using little to none of his own money. Bo is passionate about sharing his story on how the average person can create wealth through real estate and generate passive income.
On this episode you'll learn:
- Types of Financing
- Cash vs Credit
- Conventional Financing
- Fannie Mae, Freddie Mac
- FHA Programs
- VA Loans
- Portfolio Lenders (Credit Unions/Local Banks)
- Questions to ask your lender
- Pre-Approval Documents
Contact Info:
Instagram: @biggercashflow
Email: bo@biggercashflow.com