Updated almost 5 years ago on . Most recent reply
Creative financing tips?
I'm only 18 and have virtually no access to a loan nor can I afford the interest of a hard money lender. What did you use to gather capital to close a deal?
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It is advice you will find in a lot of posts (because I think it's good advice) - find a small multifamily (or a large single family) and househack it. It is how I started - buying the cheapest house on the market at the time and using a 203k to rehab it and then rent out the other unit. If done right - or close to right - the savings on your living expenses and the mortgage paydown will put you on a good path and provide the landlord and handyman experience you will need.