Want to know how to buy rental property with no money down? Most rookies do. In this quickly appreciating housing market we find ourselves in, it can get pricier and pricier to buy rental properties. If you’re investing in a true investment property (not a house hack), your barrier to entry can be a sizeable twenty percent down payment. That type of money can be hard to find. Thankfully, there are many ways to creatively buy your first real estate deal for low or no money down!
This week’s question comes from Rodney through Tony’s Instagram direct messages. Rodney, like many investors, has been told that you need twenty percent down to buy a rental property. Rodney wants to know the best way to fund a property without breaking the bank. He's asking: Should I save for a down payment or is there a way to get a rental without the twenty percent down?
Have you been able to get around the standard down payment amounts? If so, how did you finance the deal so you walked away with less money out of pocket? Let us know in the comments below!
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Episode 180
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By: Real Estate Rookie Title: How to Buy Rental Property with No Money Down (Beginner Tips) Sourced From: www.youtube.com/watch?v=PS6mdjaeXJQ
