First property?

[Carl B]

In the past 2 years I have seen 2 excellent deals, and 3 good deal pass me by. How did you finance your fist property.

[Rob K.]

Carl B
Cash is king. Save your money. I bought my first house on a no doc mortgage with 20% down. My interest rate was 11%. This was in 1995 when I was 21. Rates are a lot lower now and the no doc went out with Vin Diesel.

Do what Dave Ramsey says - live like no one else so that someday, you can live like no one else. Cut up your credit cards. Cancel your cable. Drive a paid for beater. Don't go inside a restaurant unless you work there. Save every penny and make it happen. You can do it. Good luck to you.