im stuck on 3rd R of BRRRR.i bought triplex financed my downpayment and used total $45k to fix up now cant afford to refi cash out to repeat cause need 2-3 months of reserves ie $3500-4500 in personal not dba account. i only have dba and i spent it on fixing 3 unit and rehabbing my new personal residence. both have equity but no one wants do Heloc with me credit is 700. owe $79k on triplex ARV is eta $225k based on noi , gross rents $2995 net monthly is $1850, moved into 3 unit for 5 months while fixing then tried refi while living onsite but needed 1140 rent to meet debt 2 income ratio to buy primary residence and b4 moved out i  tried refi via VA but  told need make 6 payments first. so i hunt for portfolio lenders...no luck yet tried 4 in Maine. once moved out tried refi triolex conventionally with veterans unlimited, and quicken loans. both failed me on dumb minutiae wasted 3 months.now spent all my original financed money to fix up triplex and rest money to buy, move and rehabb my primary and now have no reserves. im living off my rent incomes. cant save up need buy 6-8 unit need 25% down plus rehab costs.sitting on 3 acre river front 1500 sqft camp with 2 barns 35ft from river that needs rehabbing but owe $52k ARV is $190k. holding is $550 month, needs $50k rehabb any lenders offer no reserves and 100% besides VA and no seasoning?

Everyone , has to start from somewhere , some had a head start some late , but how do you start saving up that $10,000  down payment for your first property  ?

But I'm also okay spending the next year or two learning, networking and saving for the next market correction.Does anyone else resonate with the 'slow your role BP' MMM folks?

After the debt is completely paid off my plan is to buy a multi family property, most likely a duplex so that I can house hack while I save money and build equity for the next property.

Pays on time or early, is very neat and treats my property as if it's their own, is just financially responsible enough to never be late on rent but irresponsible enough to never save up enough money to buy their own house.

But the thought of a move in ready place that promises appreciation would save me a lot of time and effort. 

Live in the moment and earn and save as much money as you can.

I don't have much saved up (6k) and I have good credit (700+) with minimal/manageable debt.

I have 10k saved up and earn about 35k annually.

It looks like we'll have to save up 20-25% for the down payment in this case.