Starting with little downpayment cash.

[Brandon Proctor]

Hello everyone, 

I have been scavenging through the forums lately looking for some advice on this and listening to a Podcast right now. Question is how does an eager hopefully soon to be investor get into the game with little for an downpayment? I see that investors have to put down 20-25% on an investment property. Which for me would be quite I big chunk of money. I know there is the VA loan for military members which I could use but I have to stay in the home for "x" amount of time. I also have heard about FHA loans but I'm not sure of the ins and outs of this loan.

Are there any other outlets out there in which I have not stated? The last option I know is getting a personal loan from a coworker, family or friend.  Do I know any of those mentioned that could give me say 20k I honestly don't know.  I maybe rambling a bit right now but I'm typing my thoughts down as they come.  

Also is there anyone out there in my local area that could possibly show me the ins and outs of how they go about their business?  I have networked with a few awesome people in my area just wondering if there are others out there. If there are other investors close I am willing to help out with whatever I can. Thanks everyone!