Buying a rental property seemed like a distant dream until I stumbled upon a strategy that changed everything: using a house hack with an FHA loan. The idea was simple—live in one part of the property while renting out the other units. I found a multi-family home that fit the bill and qualified for an FHA loan with only 3.5% down. But here’s the twist: I didn’t actually use my own money. Instead, I worked with the seller to negotiate a seller-paid closing cost, covering almost the entire down payment. With tenants already lined up to rent the other units, I could cover the mortgage right away. In just a few months, I was living for free while building equity. This was a game-changer! The key was understanding how to leverage creative financing and finding a property with potential. Now, I own multiple properties, and it all started with no money down. If you’re thinking it’s impossible to break into real estate without a huge down payment, think again. With the right strategy and a little negotiation, you can make your first property purchase without spending a dime upfront.
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