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Updated over 4 years ago,
Loan options for newbie
Hey guys,
What are my options for financing?
I am looking around for my first rental property whether it be SFH or MFH.
I know I can house hack with a FHA Loan or conventional.
However, is it possible to purchase a property with less then 20% down. Maybe it is not favorable since the mortgage payments might be high.
Are there any other options I can explore? Or should I just save my money until I can finance something that will lead to a positive cash flow?
Thanks!