Advice for first property, my goal is cash flow in Central Oregon

[Jesus Hernandez]

I'm 21 year old, I don't have a whole lot saved up unfortunately, about $5,000 cash and $12k i'm my 401k, I was wanting to talk to my parents about a HELOC on there property to try and help me out with my first one. Any single family in my area is roughly 250 (which would be a good deal) towards 300k, any tips or advice?

[Kelly Asmus]

Jesus- exciting that you are getting started on your real estate journey. Like the advice above, find out what you can qualify for on your own, research 1st time buyer programs like Nehemiah, Oregon Bond, USDA and others that offer down payment assistance. Once you get your financial footing, then start searching. Depending on what's available in your market, a multifamily or a house hack might be the way to go to offset your payment. Good luck to you!