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

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

Publish Date: 2022/6/19
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

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    <p><strong>You need a </strong><a href="https://www.biggerpockets.com/blog/rookie-podcast-142"><strong>20% down payment</strong></a><strong> to buy a house, right? </strong>Most people assume that the standard down payment amount, 20% down, is the acceptable average when <strong>buying a rental property </strong>or a primary residence. But this isn’t always true, even for real estate investors. Many investors will<strong> spend years saving up </strong>just a single down payment amount, only to later realize that they<strong> could have bought multiple rental properties faster</strong> if they would have done less down. So before you put a big chunk of change into your next rental, listen up.</p><p>David Greene is back with another episode of <strong>Seeing Greene </strong>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<strong> down payment amounts</strong>, investing in US real estate while living abroad,<strong> new real estate agent tips</strong>,<strong> how to finance ADUs</strong> (<a href="https://www.biggerpockets.com/blog/accessory-dwelling-units-explained">accessory dwelling units</a>), and <strong>retiring yourself (or your parents) </strong>with real estate investing!</p><p>Want to ask David a question? If so<strong>, </strong><a href="http://biggerpockets.com/david"><strong>submit your question here</strong></a> so David can answer it on the next episode of Seeing Greene. Hop on the <strong>BiggerPockets forums </strong>and ask other investors their take, or <a href="https://www.instagram.com/davidgreene24/?hl=en"><strong>follow David on Instagram</strong></a> to see when he’s going live so you can hop on a live Q&amp;A and get your question answered on the spot!</p><p><strong>In This Episode We Cover:</strong></p><p>What type of rental property should you buy as your <a href="https://www.biggerpockets.com/blog/new-investor-simplified-first-deal-guide"><strong>first real estate deal</strong></a></p><p>How to<strong> dominate your market </strong>as a brand new agent and meet buyers and sellers</p><p>As a foreign investor, how can you get around the 35% <strong>down payment requirement </strong></p><p><strong>How to finance an ADU </strong>to increase cash flow on your rental property</p><p>Should you <strong>invest with your family</strong> if you haven’t done a deal yet?</p><p>Buying rental properties without having to save up a <strong>20% down payment </strong></p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://www.youtube.com/c/DavidGreeneRealEstate">David’s YouTube Channel</a></p><p><a href="https://www.biggerpockets.com/david?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Ask David Your Real Estate Investing Question</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/conference?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get Your Tickets to BPCon2022</a></p><p><a href="https://www.biggerpockets.com/podcasts/money?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">BiggerPockets Money Podcast</a></p><p><a href="https://www.the1brokerage.com/">Work with David’s Team on Your Next Mortgage</a></p><p><a href="https://www.instagram.com/davidgreene24/?hl=en">David’s Instagram</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24">David’s BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-480-dan-brault?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to Our Interview with Dan Brault</a></p><p><strong>Books Mentioned in the Show</strong></p><p><a href="https://store.biggerpockets.com/products/sold-every-real-estate-agent-s-guide-to-building-a-profitable-business?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none"><em>SOLD</em></a> by David Greene</p><p><a href="https://store.biggerpockets.com/products/skill-a-top-producing-agent-s-guide-to-earning-unlimited-income?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none"><em>SKILL</em></a> by David Greene</p><p><a href="https://store.biggerpockets.com/products/finding-and-funding-great-deals?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none"><em>Finding and Funding Great Deals</em></a><em> </em>by Anson Young</p><p><a href="https://store.biggerpockets.com/products/long-distance-real-estate-investing"><em>Long-Distance Real Estate Investing</em></a><em> </em>by David Greene</p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-624</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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