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Updated about 6 years ago, 11/08/2018
No-Money-Down Investing: feasible for a first-time investor?
I am currently a senior in college and want to start investing in real estate soon after I graduate. As I hear more and more about little-to-no money down investing, I wonder how feasible it is for someone who does not have much collateral. I have a lot to bring to the table in terms of work ethic, computer skills, learning abilities, and financial education.
Do you think I should try to find good deals and find a partner or some sort of lender that would lend to me for a piece of the pie? Or do you think I should try to save money until I can afford the downpayment myself? 3.5% for an FHA loan is not bad, after all. I have been considering House-hacking my first property with a duplex.