Updated about 5 years ago on . Most recent reply
Lowest downpayment lenders on rentals?
How do you keep going when you have the deals, but lack the capital? I would love to find a partner with the money and not the time, but is that realistic for buy and hold investments? I hear wholesale, but these aren't those types of deals, and my goals lie with the buy and hold strategy, any quickkkkk tips??
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@Anthony Caravello Are you able to house hack at all? You could lower your cost of living and add at least one property to your portfolio each year for only 3.5%-5% down.
If you're comfortable you could shoot for each of those to be in higher rise/up and coming areas. In 5-15 years if/when the area really improves you could upgrade one of them, refinance and use the cash to upgrade another. This will allow you to raise rents to match maxes in the area, possibly improve tenant quality and allow you to diversify exit strategy to sell for over-value to owner-occupants.