How can I get started with little to no money down?!

[Shane Pawich]

Hey everyone , so here’s my story . I’m a Steamfitter out of Pittsburgh pa . And I’m looking to get involved in these rental properties . I know how to do all the work on the places myself. But I’m having a hard time getting a loan from the bank since i do not own my own home . But due to my job field I’m not ready to purchase my own home due to not knowing where I’m going to end up. But I’m looking for other routes on how to get started ! Any suggestions ?!

[Tyler Herman]

Not owning a home won't disqualify you from getting a mortgage on a rental. There something else wrong with your income, credit, job history or debt/equity situation. Just ask the lender(s) they'll tell you. 

The cheapest way into real estate is to buy a property to live in since you can do as low as 3.5% down. You can either do a live-in flip (fix it while you live there to resell or refi), house hack (have roomates) or buy a 2-4plex and rent the other units while you live in yours. After 1 year you can do it all over again, and again, and again. Its slow, safe and works and builds up your credit, portfolio and gives you experience.