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Updated over 1 year ago,
4 PLEX investing - Big down payment limits you ?
Hello Everyone..
I am new to bigger pockets! Very excited to be here! I am starting my real estate journey with my husband. We are thinking of a 4 plex to buy. Where are the best affordable cities? And more than anything my concern is, if we buy one in the range of 500 k, now a down payment comes down to about 120 k.. because you have to put 25% down, then how do you buy a few more, without having to put down such big down payments? This limits you from investing more at once?
Would really appreciate your help here !
Thanks
Sashika