Getting started with no down payment

[Nick Hastings]

How do you start with no money down? I want to start a rental company but need recommendations on where to start for funds.

[Farrukh Amini]

https://www.biggerpockets.com/...

[Charles Carillo]

@Nick Hastings

If you are able to structure a creative financing deal with little or no down payment that is great but make sure you still have reserves for repairs and the inevitable issues that happen when you own real estate. I believe that purchasing a small multifamily 2-4 units and living in one and renting out the others is a great way to start since you are able to qualify for a low down payment ~3%.

[Nick Hastings]

@Charles Carillo

Thank you ! Do you have any recommendations. I am just starting out and trying to learn as much as I can.

[Caleb Brown]

I'd be careful on starting with no money. You can try owner financing but you NEED reserves to protect yourself. No need to get hasty and lose your butt. You could intern or partner to learn while making money or getting equity. Learn and save till you have a game plan. I'd also look into house hacking for your first one.