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Those are the only two loan programs that I know of that come with 0% down. If you can qualify for a USDA loan, which is more for a rural area or a VA loan if you are a veteran. Nobody’s going to give you a house without anything in it, except – actually there’s two. No money down means none of your own money down, not no money down.
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Although, we do have a book called How to Invest with Low and No Money Down. “Do we have a strong financial position?” I t’s wise advice as opposed to no money down stuff, which can up your level of risk. He kept saying strong financial position with hand gestures. I believe it was Scott Trench was the man on camera.
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When you say financial position, I’m reminded-my wife and I, we watched all the videos on buying your first property. We have a blog and a forum and now two podcasts, the real estate investing podcast and the money podcast because not everybody is in a financial position to just start investing right away. I didn’t think of that.” Our site exists to help you think of that and think of that. Something might sound really easy and then you start diving into it, you’re like, “Oh, I didn’t think of that. You really don’t know what you don’t know. If you do it the right way, you can most likely make money, definitely not break any laws. There’s a right way and there’s a thousand wrong ways to do it. Could you orient listeners who are not familiar with Bigger Pockets? What’s it all about?īigger Pockets is a website where basically you can learn how to invest in real estate. Well, kudos for that achievement and discipline and advance planning and some of those topics and themes come up on Bigger Pockets. Then everything else was – like, souvenirs and drinks and everything else was on your own. There was breakfast provided and dinner provided. So there was like support vans and camping and that? Was there a big old group of you all? How many were making the trek? I raised a lot of money for the American Lung Association. But it was an amazing experience to be – I didn’t really have anything to do all day long except get to the next camp. I mean I didn’t spend a lot of time getting in shape before the next year.
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This would be a super fun thing for me to do.” I called them up and they said, “Oh, that ride started yesterday, but we have another one next year.” I’m like, “Okay, good because I’m not in any sort of shape to actually be doing a cross country bike ride.” And I just thought, “I’m young, I’m not married, I don’t have any kids. It was a fundraiser for the American Lung Association. Then I started reading and I’m like, “Well, yeah, how else would you get from Seattle to DC?” I’m looking and I’m like “This is a bike ride? That sounds awesome.” It said some people would do this on an airplane. I used to work at a gym and I was flipping through some magazine and on the back cover was this advertisement that had a picture of the United States and it had a drawing from Seattle to DC. Well, I want to go back into time a little bit and hear a fun story about you took a distance bike ride from Seattle to DC. You know what, who wants to pay their own mortgage when somebody else can pay it for you? If anybody wants to pay my mortgage, feel free. It’s awesome to have tenants pay your mortgage for you. I have huge thanks and appreciation for what you’ve done in my world of accumulating money and wealth in terms of did my first house hack, is a term I learned from you guys, which refers to buying a multi-unit property and renting out some units and living in one of them. It was a bit of a celebrity sighting, like, “ooh!” I’ve been a Bigger Pockets fan for a while. It was so fun to meet you at Podcast Movement. Pete, thank you for asking me to be on How to be Awesome at Your Job podcast. Mindy, thanks so much for joining us here on the How to be Awesome at Your Job podcast.
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Mindy Jensen is the Community Manager for, and the co-host of BiggerPockets Money, a podcast for anyone who has money or wants to have more. The number one tip for earning more at your job.Podcaster and real estate investor Mindy Jensen shares strategies for building wealth.