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Updated over 11 years ago on . Most recent reply
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No money to lil money down
I am in the process of looking for my first investment property. I am new to the RE world, but i have been doing research, running numbers asking questions, the basic homework portion. Originally, I was debating on putting 25% down to buy a property or do a FHA loan. 2 issues I have is one, I don't want to live there, not because its a bad place, but because I live at sea mostly and there's no point. Secondly, I have the funds for 25% however getting my initial investment back will take longer than Id like it to. Then I stumbled on "no money down options" Whole sailing/ lease to own/subject to etc etc. I could use some advice/ guidance on a way to get an investment property with no money down. It would be a excellent start for my business. Also this would be a buy and hold plan.