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Updated over 3 years ago, 07/07/2021
low money down multifamily
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.