Episode #1281 Join the Future of Real Estate Investing with Fundrise. Start with as little as $10: https://fundrise.com/pockets This is arguably the *best real estate investing loan on the market today.* It funds the *purchase, renovation, closing costs,* and *up to six months of mortgage payments,* so you’re not on the hook when renovating a vacant property, all for 3.5% down. Today’s guest used it to *put down just $9,000 on a house* and, *less than a year later,* had *$150,000 in equity.* It changed his life and *enabled him to become a real estate millionaire,* even in an unaffordable market. *Matt Porcaro* (AKA The 203k Way) was working in construction in America’s most expensive market—New York City. He could only get preapproved for a loan of a few hundred thousand dollars, which doesn’t buy much in NYC. When a local investor told him about the FHA 203(k) loan, his entire world opened up, and changed his trajectory forever. *Now, he has over $1,000,000 in equity* and over $2,000,000 in real estate—after just *starting with $9,000.* Today, *Matt explains the 203(k) loan from start to finish* —how much money you need to put down, *how to get preapproved, finding contractors, paying for the renovation,* what to know before you start, and a new change that makes it even more lucrative in expensive areas of the country. Beginners: This changes the game entirely. Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab the Book on _Investing in Real Estate with No (and Low) Money Down_ : https://store.biggerpockets.com/products/investing-in-real-estate-with-no-and-low-money-down?utm_source=owned_media Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders FHA 203(k) Loan: How It Works and Loan Requirements: https://www.biggerpockets.com/blog/fha-203k-loan?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Matt: https://www.biggerpockets.com/users/matthewporcaro?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?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 0:00 Intro 0:00 Soul-Crushing Job, Now What? 4:09 The BEST Way to Start Investing 7:26 $500K House for $9K Down 12:52 Sponsor: Fundrise! 13:30 Current Portfolio 17:10 The FHA 203(k) Loan 23:12 Does This Work in 2026? 24:31 Know This Before You Start 28:28 Paying for the Renovation 31:35 Connect with Matt!