What to Know Before Structuring a Creative Finance Deal (Rookie Reply)

You’re ready to start investing in real estate, but the next step can look very different depending on your situation. Every rookie’s story is unique, and today, we’re sharing our best advice for three different scenarios so you can get in the game—no matter your starting point!Welcome back to another Rookie Reply! Today’s questions come straight from the BiggerPockets Forums, and they’re all about slowing down just enough to make the first move the right move. One investor wants to know if house hacking is realistic in an expensive market. Another rookie wants to know the best way to invest a large sum of money so it can replace their W-2 income.Finally, a rookie has a seller financing deal in place but is still short and needs to provide proof of funds on a very tight deadline. We’ll not only show them how to structure their creative financing but also offer an alternative option they’re probably overlooking! Ashley Kehr: So you’re ready to start investing, but the next step can look very different depending on your situation. Maybe you’re 21 and trying to house hack in an expensive market. Maybe you’re about to inherit a large amount of cash, or maybe you’ve made an offer and su...