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Updated over 5 years ago on . Most recent reply
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Creative ideas welcome
Need creative ideas people. My end goal is to own multiplex units for cash flow. I need to start out small. Currently I have no money for a down payment. My credit union will do a no money down loan with no PMI which is great. Only catch is that it has to be a primary residence.
That completely changes how I was running my numbers...and really the whole starting out plan. I understand the room rental strategy. Anyone else have creative ideas that I’m not considering?
Most Popular Reply
![Chris Seveney's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329845/1674401826-avatar-7einvestments.jpg?twic=v1/output=image/crop=4480x4480@0x336/cover=128x128&v=2)
Then I recommend saving $ as having no Down payment also means you don’t have $ for repairs etc if something goes wrong.
- Chris Seveney
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7e investments
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