Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

15
Posts
0
Votes
Kyara S.
  • Rental Property Investor
  • Tacoma, WA
0
Votes |
15
Posts

Starting out with low cash, how'd you do it?

Kyara S.
  • Rental Property Investor
  • Tacoma, WA
Posted

I'm working on my start up plan and beginning to worry that I don't have enough cash. The current area I'm in is rather expensive. I'm looking at doing a house hack for the first property, using my VA loan to buy a 2-4 unit multi family while living in one unit for a year. After that I want to purchase a second property with a cash out refi of the first. With my partner, we have about 16k in cash total which doesn't leave me in a comfortable spot. My biggest concern is not having enough of a safety net for that second purchase.

Any feedback on how you started out with low funds is appreciated. 

Loading replies...