023: Leveraging Your 9-5 Income For Your First Real Estate Investment via the 203K Loan with Matt Porcaro
In this episode, Matt Porcaro, founder of 'The 203k Way,' illuminates how to use a 9-5 income and an FHA 203K loan to jumpstart property investment, even enabling low down payment purchases and renovations of fixer-uppers.
The DealMachine Real Estate Investing Podcast · David Lecko, Ryan Haywood, Matt Porcaro
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Show Notes
In a departure from our usual discussions on getting your first wholesale real estate deal and becoming an investor without a penny, this insightful episode with Matt Porcaro, the founder of 'The 203k Way', takes a deep dive into using your 9-5 income to fuel your first real estate investment. Matt illustrates the power of the FHA 203K loan, revealing how he transformed his regular income into a stepping stone towards long-term property investments. This episode explains how you can buy a fixer-upper and finance the repair costs as well with an extremely low down payment for those without a lot of cash.
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments
https://www.heritagehomeinvestments.com/
Matt's Social: @the203kway
https://the203kway.com/