Aspiring real estate investor

[Jess Sanchez]

Hi, what is a good way to start in real estate investing for some who already bought a single family house? I feel like we should’ve bought a multifamily to live in since we were qualified for a low downpayment. Now we are stuck because we need 20% to buy a rental property.

[Slaiman Atayee]

There's a million articles on how to get started on here and i'd spend some time going through them and then creating a long-term plan for yourself - but a simple option would be househacking a multifamily as your next purchase. Depending on the econonics in your current house you could sell OR pull some equity out and then rent it out and buy your next property. This will allow you put less than 20% down and get a tenant to subsidize your mortgage. Good luck!