Bigger Cash Flow Podcast 048: Buying Your First Rental Property - Financing your First Rental
Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.
Episode: 048
Title: Buying Your First Rental Property - Financing your First Rental
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Show notes:
Join Bigger Cash Flow host Bo Kim on his new series “Buying Your First Rental Property” in 2020. Bo has acquired over 61 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