It's a game-changer where you can buy a $1,000,000 property with $35,000 down, you can build equity while keeping living costs low.2️⃣ Partnering Up:Real estate is a team sport.

Hi Kendric, Ohio, and other midwest cities are good choices for low-price entry.

So I had a windfall and can sort of "semi retire" with a part time low stress job. 

Low down payment (3.5%) is attractive, but comes with mortgage insurance and might not offer the best rates.

There is a book in the library called "Low (and no) Money Down" that discusses the various methods of financing purchases.

Could be legit, up to you on whether you want that low of interest rate for owner finance.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

People focus on the rates because they are a singular number and easy to understand but you can lose money on a rental at a low interest rate and get rich paying a high interest rate.

I would highly recommend doing a renovation loan like the 203k or homestyle - you are able to leverage SO MUCH CASH for such a low down payment. 

If you had priced it 50% higher, it would probably be sitting vacant several months later.We have a property near several low-income apartments.