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Updated almost 5 years ago on . Most recent reply
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How & Where can I get the funds to put 20% down
Hi Everyone,
I am new, 23 years old and want to get into REI. I am researching and trying to figure out my niche. I'm being drawn to multifamily and apartments, buy and rent out. I want to get started but don't have any money saved up or enough to put down 20%.
I know theres many ways to get it, I just want some feedback from the community on it.
Thank you,
Most Popular Reply
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@Dorothy Williams Have you thought about getting a fourplex or a duplex using an FHA loan? They require 3.5% down and tyou can get a multifamily for you to live in. This will be a great way to start. Best of luck!