You can buy your first starter home with one 3 to 3.5% down
If your a qualifying veteran you can do this with 0 down!
You have to live there for 12 months
But then you can move out after that year and rent the home, while buying a new home with only 5% down
The new home has to be a move up to a larger home, closer to work, better neighborhood, there has to be some obvious desirability as to why you’ll occupy the new home purchase from your previous one
But this is a great way to climb the property ladder while building a real estate portfolio along the way !
Like, Save, Comment! What questions do you have ?
If your a qualifying veteran you can do this with 0 down!
You have to live there for 12 months
But then you can move out after that year and rent the home, while buying a new home with only 5% down
The new home has to be a move up to a larger home, closer to work, better neighborhood, there has to be some obvious desirability as to why you’ll occupy the new home purchase from your previous one
But this is a great way to climb the property ladder while building a real estate portfolio along the way !
Like, Save, Comment! What questions do you have ?