What to do if you don’t have enough money saved for down payment?

[Jamia Stevens]

I’m just starting out and I was trying to get a preapproval letter so that I could know what price range to start looking in. I was told that I should save up $10,000 before I even consider getting a preapproval letter but that would take me years. I would love to buy my first property by May but how do I come up with that kind of money? Should I try to look for a partner that would contribute the capital or what do I do? It was discouraging to hear that so any and ALL advice would be great!!!!

[Account Closed]

@Jamia Stevens is house hacking with an fha loan an option for you? That would be the best method to get started sooner with a small cash fund.