How to Fund first Rental Investment

[Greg Jenkins]

Hello,

Brand new to the real estate world. As a newbie I understand it would be difficult to receive loans from banks or HMLs that would have a great rate. My question is would it be better to fund myself, meaning borrowing from 401K and IRA to fund or keep trying with the banks, credit union or HMLs? My plan is to invest in C locations for now due to them being cheaper to fund. TIA for the responses.

[Matt Stricklen]

Do you know how long you'll be stationed in San Antonio? What's your current living situation? Many of us started out by house hacking and are very glad we did.

a zero down VA loan on a primary residence duplex or an FHA 203K flip you could live in might be great starts.

PS thank you for your military service.