How does someone get financing to start real estate investing?
We are interested in buying some houses to rent or to remodel and resale. What do we need to do or have to get a bank or another company finance us? Do we have to have a certain amount of income or a certain amount down?
Banks and SBA. It is rare to get a no money down loan, but it does happen. Banks don’t want to finance 100% for investment property because if something happens they are left holding the bag. They want you to invest hard earned dollars into the house as well so you will be more likely to make the payments.