low money down multifamily

[Kyle Debiase]

okay so I'm ready to take the plunge into real estate investing.

looking for multifamily properties in the

south New jersey Market

I have 80k to invest.

initially I was just planning on doing a conventional loan with 25% down and 5% percent interest rate.

so thats probably enough money for my first deal but then that has me thinking about whats next. how will I fund the next deal. so what I was thinking was if I could find a way to pay less then 25% down for each deal. anybody have any ideas on how to do this? BESIDES HOUSEHACKING!!! househacking just isn't in my cards right now with family and such.

any ideas are welcome anybody with experience with this please reach out.

my goal is to scale as quickly as possible.

[Jonathan Greene]

You shouldn't be thinking of how you are going to scale before you have the capital and experience to do it. You should be tightly focusing on the most advantageous way to get your first property and if you can't house hack, you have to do an investor loan like you said. All of the other options come with huge potential pitfalls and limited control. In South Jersey, there are better deals for multis than in North Jersey so your price point and access will be a little better.