How to buy first rental property with low down payment?

Creative Real Estate Financing
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How to buy first rental property with low down payment?

Brennan Medford
Member since 2018 · 2 posts · 0 votes
I bought my first condo a year ago with a FHA loan and only had to put 3% down. If I have $20k to invest in a rental property, are there ways to get another loan for less than the traditional 20% down?
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  • Mike Dorneman
    Rental Property Investor · Drums, PA · Member since 2017 · 345 posts · 365 votes
    8y
    @Brennan Medford You can consider borrowing from your 401k, then BRRR it with a refi to pay your 401k back.
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