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Melanie Aguayo
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Rental property investment

Melanie Aguayo
Posted

How do you work your way up to save enough money for a down payment, at least 6 months of morgae payments plus additional money for any fix uppers? Im very interested in buying and renting, but financially I dont know how (yet). Any advice?

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Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
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Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Melanie Aguayo

can you start with a house hack?  this is where you live in a property, say a duplex, and rent the other side.  if you're not already you can speak to a lender about how much you would need.

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