Updated over 4 years ago on . Most recent reply
50 words or less - Getting First Downpayment
A friend of mine is saving up for his first downpayment. At his current rate it’s going to take about 3 years of saving in order to come up with his first downpayment. I’m curious how others came up with theirs.
My first downpayment was a gift from a family member to house-hack a 4plex on an FHA loan (3.5% down).
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Increase income, reduce expenses, and start hoarding money. $1 at a time!
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