HOW TO BUY MULTIPLE PROPERTIES WITH SMALL $$$ #Shorts

25 Jan 2023

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Buy a primary residence with 5% down, live in it a year, convert it to a rental, then repeat with the next property. You can build a rental portfolio while avoiding the 20% down payment required for investment properties.

Questions this video answers

Around 5% of the sales price.

One year.

Most people think you need a ton of money to get started with real estate investing, but there's actually a hack to do this with very little money. Now, I've personally done this, and I know many clients who have done the exact same thing. When you buy a primary home, you only have to put down around 5% of the sales price. Now, you only have to live in that home for one year, and then you become eligible to buy a new primary home. You can turn that first home into a rental property and then buy the next primary home with as little as 5% down. Again, this is a proven way to pick up multiple rental properties with less than 20% down.