It’s possible but you have to be creative.

You could bring less down and possibly have a lower interest rate since you will be living there.

We're possibly (sorry for using the p-word) talking about 200 hours.

Possibly using mortgage/home equity loan on one unit we own to buy an extra one.3.

@Veronique Leroy I would say it is possible if you force equity, hold for a few years and then sell and then average the return of the whole profit over the timeframe of deal.

In answer to your question- Yes, I hope to buy and hold here and flip when possible.

Your time is best spent producing the revenue that allows you to invest in the first place.That includes using local agents you meet and feel are a good fit for you, property managers, possibly buying completed properties like the one you posted here, and outsourcing as much of the process as you can as you get started. 

Heads up, everyone: Dave Meyer and Henry Washington answered Alex's question during yesterday's episode of the BiggerPockets Real Estate Podcast: How to Buy Multiple Rental Properties a Year (Is It Possible?)

By working with a high-performing team, you can absorb as much as possible.

I'll also be attending the Momentum2025 virtual event next month.I'm trying to take as much action as possible but I know the ultimate action would be to close on my first rental property.Here is my question for everyone.