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Alex Hoang
  • Austin, TX
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How did you pay for your first few investment properties?

Alex Hoang
  • Austin, TX
Posted Aug 6 2015, 18:20

I've been reading for a while and am fascinated at how some people have the cash on hand to buy:

-Properties out right with cash

-Multiple properties with 20% down payment

Yes I understand there's many ways to finance but these seem to be the most common for starter investors.

Yes I also understand its sort of like a self perpetuating process that builds on itself but that takes so much time and I see so many young people in the game.

My question is how did you pay for your first few properties and what do you do for a living to support that? Did you get help from family or saved up?

Both my and my wife are doctors with little expenditurrs  and even for us it takes a good while to save for a down payment.

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