Need to find financing

[Isaiah Carrasco]

Hello everyone I'm looking to by my first rental property. my goal is to own one by the end of the year however I don't have enough for a down payment. Right now my options would be to either sell my business worth 10k-12k so I can use my FHA loan(I'm not set on moving quite yet.) and give up 2.5k annual income, or to use OPM. Private money or if it comes down to it hard money lenders. One other option in mind is a partnership. Which one would be best for someone who is just starting out?

[Aaron Zimmerman]

I'd recommend saving more money. Real estate isn't a savior. It can be a detriment when you're highly leveraged like that. Focus on increasing income and decreasing expenses. Then, jump into real estate with a solid foundation.