On the other hand, many landlords were able to obtain low mortgage rates during the historically low interest rate environment during the Pandemic, allowing them to offer a much more attractive housing cost to renters.

If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

Compare offers from the lenders, paying attention to interest rates, closing costs, and any penalties.

This will provide insight into making informed decisions and accessing the benefits that these properties offer.

Companies normally offer limits up to$500,000 but some offer $1,000,000.

It’s all about finding that balance between offering a great space and keeping things safe. 

Why would they offer you 5% for 20 years?

We don't even a Board yet (it's a new build), and it's all being coordinated by the HOA management company for the building.The developer offered to make the new door key fobbed on each side for entry, and would install a new security camera. 

If possible, consider a duplex or single-family home with extra rooms instead, as they offer better appreciation and flexibility.

I'm wondering how anyone does it in this area, or maybe I just have not been looking for long enough.I really would like to purchase in my area as it would be my first rental property, and I am most familiar with the northern VA area If this is not to be, I also am wondering what markets nearby would be better.I’m also in Fairfax County, and you’re absolutely right: Fairfax County and much of Northern VA are tough markets for cash flow, especially starting out without a substantial down payment.