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Updated over 9 years ago on . Most recent reply

User Stats

16
Posts
1
Votes
Robert Khederian
  • Real Estate Agent
  • New York City, NY
1
Votes |
16
Posts

No Money Down for First Investment: Good or Bad?

Robert Khederian
  • Real Estate Agent
  • New York City, NY
Posted

Hi! 

I am researching for my first investment, and I am getting lured by the idea of no money down deals. However, is it better for me to get my feet wet in the industry with a conventional loan? I could provide the down payment for a property in my price range, but I don't know if that money is better spent elsewhere? Or are my eyes bigger than my stomach? 

Thanks!
Robert

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