I am currently listening to Investing in Real Estate with Little or No Money Down...

It'll be tough to get into a pure investment in your area for 35k but here are a few options:- partner on the second deal- if the numbers make sense and you could get more cashflow then you could look at a higher price point but my guess is this will be difficult to find- Buy your first property as planned, and save the 35k as reserves and/or just keep it for the next down payment on another FHA after a year- find a place that needs some work where you can use that money to fix up and force appreciation to the propertyPersonally, I would look at those last 2 options where you have the cash on hand ready to deploy for the next down payment or rehab costs if needed.

We looked into DSTs but did not like locking up our money for long periods.

Keep an eye on how loan rates move and try to guess their next step, as even a tiny rate change can mean more or less money each month.

Another option is private money / hard money. 

@Charlice ArnoldInterestingly enough we have found many have passed on opportunities to buy hard money loansNot sure why as I would recommend them to an investor over an owner occupied loan any day of week but people either think they can make 15% or have some other reasonCurious to here if anyone else has some short term loans that have challenges finding a buyer

******** Posting as Amanda Sugay Alexander, using my partner's account ********This review is for Soli Cayetano and the Private Money Playbook course.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best

By understanding these rules, you can save money and acquire valuable insights into effectively managing your property.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.