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Updated almost 10 years ago on . Most recent reply

User Stats

28
Posts
4
Votes
Brandon Smith
  • Investor
  • Sneads Ferry, NC
4
Votes |
28
Posts

No money down vs. saving for a down payment.

Brandon Smith
  • Investor
  • Sneads Ferry, NC
Posted
I have an emergency savings account that covers 3-4 months of bills. Now that I've built that I want to start investing in multifamily housing. I don't have a down payment. Is it worth finding a lender for a down payment and get started now, or save the money for a down payment. (This may take a few years). I've read a few books that cover no money down options but I am looking for someone with experience to shed some light on the process.

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