Buying Your Next Home with This Often Overlooked 0% Down Loan

When most people think of USDA loans, they tend to think of farmland or some very, very rural house in the middle of nowhere. While this can be the case for many USDA loans, it isn’t the standard for all of them. As today’s guest Holly Barrett describes, USDA-applicable properties can be outside city centers and just a bit rural.

Not only that, these loans provide homeowners with the chance to get a 0% down loan! This is exactly what Holly did with her first home, later turning it into a rental and finally selling it to make room for some higher cash-flowing properties. She’s also used SBA loans to purchase a commercial property, which has helped her lower the upfront costs needed for acquisition.

Now, Holly has properties close to Chattanooga, centered around a “cool area” as she likes to call it. She’s making her transition from long-term rentals to short-term rentals and is excited to see what her new profit margins are like once her properties go live on Airbnb.

In This Episode We Cover

Using USDA maps to see whether or not a potential home is eligible for a 0% down loan

Live in flips and using them to get tax-free flipping gains

When you should use a 1031 exchange intermediary

Switching from long-term rentals to short-term rentals

Funding a commercial property acquisition with SBA loans

What investors should look for in an agent and the top questions to ask

And So Much More!

Links from the Show

Real Estate Rookie Youtube Channel

Ashley's Instagram

Tony's Instagram