All Forum Posts by: Alexander Knowles

What he said ^^. You can use 10K for a 3% downpayment for a primary residence and then house-hack. Would make sure you have some reserves leftover for unexpected expenses and a margin of safety. 

@Cheryl Lefaive sorry for the confusion - I was meaning in NZ, most investment properties have to be 40% down. I have my Greencard now so my brother and I are looking to partner together and partner up on deals in the US. 

You could do a 0% intro credit-card. Creditkarma or nerdwallet.com usually have their top picks. Depending on your financial situation, you can use the credit card to live off/use for everything now and hoard your cash from your paycheck. Pay off the cc once you acquire the property. 

Sweet. I am from NZ myself but now have a Greencard. My brother wants to get into the US market as he is having to come up with 40% down payments for investment properties. We are wondering how to get started - had a feeling cash is king so thanks for the clarification! 

Awesome story! Where are you originally from? What visa status did you have and were you based in the U.S or did you do this from afar?