Now, this is all dependent on your strategy (and money to implement it) but if I target off market properties in a state of disrepair then my down payment could be 0%...or I could target on market properties and use traditional financing and need 20% down.  

We learned about wholesaling initially and that sparked our curiosity about the many ways to make money in RE.

Great cityI suspect it has more to do with the illegal STRs all being shut down. 5-points had a LOT that were not zoned properly and the city really came down on them.

Hi everybody,I am looking to purchase my first rental property and I do not think I am ready yet based on feedback I have received from multiple people.I do not have enough money for a downpayment on a conventional loan, DSCR loan.

It does require paying money and risking it may not make a significant difference to the assigned appraiser anyway.

My kitchen cabinets aren't super old, so painting them would save money (I believe), but Im wondering if it even matters.

Now that I'm sitting on a lump sum of money I'm ready to invest again.

With seller financing, the person selling the house lends you the money, and you pay them back directly.

As well, I would not recommend buying a cashflow negative property, or even breakeven for that matter, as there are lots of places to buy at positive cashflow - unless you have endless cash reserves and money is not a concern for you.

There is no money in that business.