I have been helping investor close deals literally with less than $10,000 out of pocket using 100% Purchase/100% Rehab hard money loans to do BRRRRs.

My original plan was to find a 4 plex in california buy using fha loan, move out after the first year and generate cash flow and appreciation, but after looking at properties it became clear to me that’s not possible with todays market and interest rates.

If you are looking for a more laid back and roundtable type discussion of all things real estate, you are more than welcome to join us every Tuesday morning on Zoom or Thursday morning at Kairos Coffee where we discuss everything from assumable loans, to creative buying strategies, to landlord tenant laws and pretty much everything in between! 

If you are looking to buy in PA, its possible you can qualify for PHA KFIT program that gives you a 5% closing cost forgivable loan.

Like I mentioned to Eliott, I'm very young and I can't get a loan.

@Craig Holland Land is often sold with owner financing, in part because buyers have a hard time financing it, and in part because buyers often only need a short time before they can build on the land and refinance out of the seller loan. 

You don’t have to pay $20k+ to learn to broker loans. 

This money gets added onto the back of the loan kind of like a VA funding fee does. 

I financed the deal with a conventional loan and bought down the rate from 7.75 to 6.25.

Can you be financially free, sure, consider if you are buying real estate you will no longer have stable income to get a loan.