I've got a full time job and have no plans on leaving anytime soon but I want to get into the buy and hold rental market in the greater seattle area.
My question going forward is how did you guys acquire your first property? Did you save up until you had the 20-25% down and then get a conventional loan?, did you borrow from family? Hard money lender? I have just recently paid off all my debts (car, student loans, CC, etc) and am trying to figure out my game plan of entering the real estate game and if its advisable to simply sock away money for the next 2 years or so until I get to that 20-25% which would prob be in the area of 40-50k in my area for a decent 3b SFH, thoughts????
My question going forward is how did you guys acquire your first property? Did you save up until you had the 20-25% down and then get a conventional loan?, did you borrow from family? Hard money lender? I have just recently paid off all my debts (car, student loans, CC, etc) and am trying to figure out my game plan of entering the real estate game and if its advisable to simply sock away money for the next 2 years or so until I get to that 20-25% which would prob be in the area of 40-50k in my area for a decent 3b SFH, thoughts????
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