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624: Seeing Greene: How to Get Around High Down Payment Requirements

624: Seeing Greene: How to Get Around High Down Payment Requirements

FromBiggerPockets Real Estate Podcast


624: Seeing Greene: How to Get Around High Down Payment Requirements

FromBiggerPockets Real Estate Podcast

ratings:
Length:
52 minutes
Released:
Jun 19, 2022
Format:
Podcast episode

Description

You need a 20% down payment to buy a house, right? Most people assume that the standard down payment amount, 20% down, is the acceptable average when buying a rental property or a primary residence. But this isn’t always true, even for real estate investors. Many investors will spend years saving up just a single down payment amount, only to later realize that they could have bought multiple rental properties faster if they would have done less down. So before you put a big chunk of change into your next rental, listen up.David Greene is back with another episode of Seeing Greene where he takes a multitude of questions from new and small real estate investors. There is an answer for everyone in this episode with topics covering down payment amounts, investing in US real estate while living abroad, new real estate agent tips, how to finance ADUs (accessory dwelling units), and retiring yourself (or your parents) with real estate investing!Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!In This Episode We Cover:What type of rental property should you buy as your first real estate dealHow to dominate your market as a brand new agent and meet buyers and sellersAs a foreign investor, how can you get around the 35% down payment requirement How to finance an ADU to increase cash flow on your rental propertyShould you invest with your family if you haven’t done a deal yet?Buying rental properties without having to save up a 20% down payment And So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastDavid’s YouTube ChannelAsk David Your Real Estate Investing QuestionListen to All Your Favorite BiggerPockets Podcasts in One PlaceGet Your Tickets to BPCon2022BiggerPockets Money PodcastWork with David’s Team on Your Next MortgageDavid’s InstagramDavid’s BiggerPockets ProfileListen to Our Interview with Dan BraultBook Mentioned in the ShowSOLD by David GreeneSKILL by David GreeneFinding and Funding Great Deals by Anson YoungLong-Distance Real Estate Investing by David GreeneClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-624Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 19, 2022
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.