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Episode #1181 Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust: https://eqtytrst.co/bp Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Dave’s Book, _Start with Strategy_: https://store.biggerpockets.com/products/start-with-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch How To Get A Mortgage As A Low-Income Borrower: https://www.biggerpockets.com/blog/low-income-mortgage-options?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none This is how to buy rental properties on a lower salary ($50,000 or less per year) in six steps. If you think you need to be rich to buy rentals, you couldn’t be more wrong. In fact, real estate may be the best investment for those who want to go from low income to financial freedom. You can grow your portfolio faster by using loans, get cash flow that can retire you early, and even make hundreds of thousands completely tax-free. We’re going to share multiple strategies you can use on a lower income to get your first property for as little as 0% down. Dave is also highlighting three real estate investing strategies that beginners with little money can use to maximize their investment the most. This means you could turn one investment property into multiple, supercharging your investment so you can repeat it and become wealthier faster, regardless of how much you make at work. Listen, you DON’T need to make six-figures to buy your first property. This is how you do it with half of that. 0:00 Invest on Lower Income! 2:58 3.5% Down FHA Loan 6:08 Low Money Conventional Loan 7:29 Find a Money Partner 10:22 Seller Financing (No Banks!) 12:25 Down Payment Assistance Programs 13:32 0% Down Loan (Military) 14:20 0% Down Loan (Non-Military) 15:52 Best Low-Income Strategies 16:44 House Hacking 18:02 Live-in Flipping 21:01 The BRRRR Method 23:55 1. Talk to a Lender 27:41 2. Know Your END-Goal 31:02 3. Start Learning and Researching 33:17 4. Find Properties and Start Analyzing 37:05 5. Make Offers 37:53 6. Repeat and Build Wealth!