Rent out that property and save.

Does anyone have strategy recommendations for purchasing multi-family properties with zero-low downpayments?

What type of properties are you seeking, SFR, 2-4 MF, or 5+ MF?

No doubt buying the first property can seem very scary but ideally, you are working with a realtor and lender who owns STRs.

Purchase price: $63,000 Cash invested: $23,000 bought for 63k as part of a 2 property deal from my handyman. 23k in it in closing costs and rehab.

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

Inheriting it is the best option tax wise- because it gives you a step up in basis to the property's value on that date. 

I bought a property in October 2024, did a rehab from Nov-Dec 2024 and found a renter in beginning of Feb 2025. 

Hello BP community,I am extremely new to real estate (don't even have one property yet), but I am interested in purchasing a multi-family unit with a partner in the Kansas City area.

It's much easier to set things up right than to have to transition them later when you have multiple properties and many, many transactions.