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Updated over 4 years ago,

User Stats

11
Posts
2
Votes
Kyle Abramov
2
Votes |
11
Posts

Loan options for newbie

Kyle Abramov
Posted

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!

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