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Updated about 12 years ago,
Help getting a down payment for rentals
I'm fresh out of college (engineer at Boeing) and my gf and I are wanting to buy another rental. (I bought one years ago with money from a deceased relative) and I'm wondering if there are any creative ways to get a down payment? We need around 25k down for each property and while we can save up that money it would take a good 18 months to get and we want to get investing right away. So we're treating this as a challenge, getting the down payment else where (this is along the lines of Rich dad poor dads theory of not using your own money). Does anyone have any ideas of how to do this or have experience with this?