Most HMLs, depending on your and your partner's credit score and experience, only require 15%-20% equity/down payment from borrowers.

For example I know many who are now just lending because they are getting 10-12% short term which is far better than any cap rate on real estate. you do not have the equity upside as you do real estate but its a way to play the short game to see what happens over the next 12-24 months and decide when you want to buy.

Well, my original SFH purchased in 2010 still has its original S8 resident.

Investment Info:Single-family residence wholesale investment.

Starting sooner rather than later allows you to benefit from long-term appreciation, build equity, and gain hands-on experience, even with a smaller property.

The violations would include 'the personal occupation of a garage as residence' while asserting to police that he didn't live in it, along with the power overloads due to use not in keeping with a garage rental.  

Buying a nice place for 250k that's worth 250k is less sexy than having equity from day one. 

If you do not have your own cash, you are borrowing money from someoneone some how whether its a loan or equity.

In my opinion, value add is the way to go if you want to accelerate your equity capture. 

Investment Info:Single-family residence other investment.