RentecDirect had MORE than I needed, so why pay for it?

You will also likely be paying more than more experienced investors as you build your team and knowledge.

Vendors who partner with Costco pay for market exposure and referrals, which often adds to the final cost passed on to the customer.

Subtract $2300 for one unit and they're paying $1400+expenses to live in a $2300 month apartment and area.

Perhaps we "buy" the house from them for the $328K balance to satisfy the lender and don't need a large down payment and then have a separate contract with them to pay $x per month until we've paid the full $172K amount.

You can have your tenant pay through there.

MUCHHHH better and of course that leaves us with plenty of room to pay the mortgage payment so the lender is happy.Btw, I just wrote the Co-Living book for BP that comes out in Spring, you can sign up for it here!

However it is worth it to pay a little bit more money for a mortgage now, so I can start building equity, assets, and future cash flow.Hey @Kody Glithero, welcome to the BP Forum and it's so great to hear you're looking to start your real estate journey as such a young age!

Two, you'll have a much easier time obtaining a mortgage product if you have a track record of W2 income.In the meantime, continue implementing the strategies you mentioned: save religiously, build your credit, pay any existing debt owed, etc.

And you can definitely pay off your home faster if you focus on running all of your expenses through it and watch your expenses.