Updated almost 10 years ago on . Most recent reply
take out a loan for the down payment?
I've been investing hard in my education on real estate investment and have found that I have come to the point that I just dont have the money to get started. I cant do a house hack atm. My idea is to find a good deal on a duplex,triplex or fourplex and then take out a loan in order to pay for the down payment. I currently have no debt and want to get started on my property investments. I know the equity I can build in a multi family can help me on the next deal a year or two later and I can even refinance to get the money out and use it to invest in the next property while the old one is still paying for the mortgage/ personal loan. Thoughts and ideas and suggestions on how to get started are always appreciated. Thank you ahead of time