I am looking into buying an investment property out-of-state mainly because the city (and state) I live in is crazy expensive. Is there anyway I can achieve this with less that 20% down payment? Also how high is the interest rate compared to conventional home loan?
Thank you everyone.
I appreciate your suggestions, advices, anything.
@Alina Shrestha sure, use other people's money and BRRR. If you find a smoking deal, borrow some from friend and family, take it down with cash and then fix and refinance and then pay everyone back.