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Updated over 1 year ago,
Getting into your second property help
Currently I have purchased my first property in Benicia,CA and use it as a primary residence for me and my family. I want to move forward with my real estate journey but am finding it difficult to be able to afford a second property or investment property. My goal would be to rent my current property and move into another property as my primary, however I can’t really afford to put down 20% and if I only put down 3% the mortgage cost is really high for me to be able to afford comfortably. Any advice on what to do as a strategy to start moving forward? I have about 40k cash I am willing to invest with. Any advice is welcome