how to start with little to no money?

[Chris C.]

I'm sure this topic has been gone over a lot but I couldn't find any, so how did some of you or how would you get into buying properties with not having a lot saved up? I have been pre-approved for 70k loan with covering the 20% down payment from relatives just not sure what the best way to get the first property bought, the other option I thought of was trying to get a small personal loan to buy a cheaper rental house ( around  15k) and start from that but not sure if that would work or be a bad idea any help would be appreciated 

[Hattie Dizmond]

@Chris C. 

I'm wondering why you wouldn't try to get qualified for an FHA owner occupied loan with only 3.5% down? Then you could use some of the money from relatives for some renovations. I would personally target a duplex or triplex and live in one side, while renting out the other (house hacking). Then you could save some money for a down payment on another property. After a year, you could refi the current property into a non-FHA loan and get another low down payment FHA loan on another property.