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Updated over 6 years ago,
How To Continuously Use Low Money Down Options
Hi BP, my name is Johnathan Alvarez. I was wondering if it was possible to use an FHA loan to buy a 4-plex, live in it for a year, and downgrade every year to a triplex, then duplex, and single family home to take full advantage of a low down payment on rental properties. If it's not possible, what are some creative financing ideas you all might have that might be useful to anybody looking to build a sizable real estate portfolio as soon as possible? Thanks in advance!