Funding For First Real Estate Deal

[Stephen Tawiah]

Hi. My name is Stephen, and I'm going into my 1st real estate deal. It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.

Problem is... I have absolutely no funds myself. I'm trying to get a mortgage, but it's entirely possible that the mortgage might not cover 100% of the price of the house. Even if it does, there's closing costs to consider.

As I said, I have no cash myself, so I'm asking how I can deal with generating cash for closing costs (and a down payment) if it comes to it.

The house costs $139000. As per chatGPT, closing costs in Ohio are usually 2% - 5% of the price, so maximum: $6950.

I'm open to working with lenders of any kind to make this happen.