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Updated over 3 years ago on . Most recent reply

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83
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Pretty Khare
  • Investor
  • Austin, TX
78
Votes |
83
Posts

New investors in multi-family

Pretty Khare
  • Investor
  • Austin, TX
Posted

Is there a good way for rookies to get to 10+ doors in a couple of years Without house hacking and without putting in hundreds of thousands of dollars in down payment? I feel like the requirement to put 25% down on multi families limits the amount of deals you can do. 

Would be great to hear from people who were in my shoes a couple of years ago how they were able to scale from 0 to 10+ doors quickly. Thanks 

Most Popular Reply

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82
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Replied

Pretty, there are two ways to finance the acquisition of real estate with money other than your own. Debt and equity. If you cannot or do not want to borrow, you have to split profits with someone with money. In order to do that you have to find good deals. If you focus on getting good at that, the money will come, "A good deal attracts money".

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