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Updated over 8 years ago on . Most recent reply

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5
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4
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Jerral Williams
  • Richmond, TX
4
Votes |
5
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Trying To Get My Foot In the Door

Jerral Williams
  • Richmond, TX
Posted

Good Afternoon,

I am a school teacher in the Houston area trying to get into owning rental property.  I'm having a difficult time getting my foot in the door. There have been several properties that I was interested in but each one required 15K or more on the deposit, which I don't have on a  teacher's salary.  Would anyone have any advice on how to get started with little money down?  Any advice would be greatly appreciated.

Thanks, 

Most Popular Reply

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1,515
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Rosston Smith
  • Investor
  • Warner Robins, GA
463
Votes |
1,515
Posts
Rosston Smith
  • Investor
  • Warner Robins, GA
Replied

Use an FHA loan and owner occupy the property. 3.5% down

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