Ok I’m just starting out and need advise

[Damien Smith]

Hopefully this isn’t too long. So I’ve decided to begin my own business in holdings. I have one property I rent, but I was just doing that in order to buy another home. Now that I see this is something I want to do, my main question is financing. I have 20% , but who do I go to? My bank, a local bank? What gives me the best chances of making the deal go through?

[Tim Herman]

@Damien Smith If I was starting out I would owner occupy a multifamily for 5% down and move every year for 10 years. End up with 20-40 units in 10 years with minimal down payment. Check out local banks and credit unions for the loans.