It’s no secret that owning rental real estate can be an excellent way to build wealth. This hybrid of business and investment can provide steady income and growth over the long term.
But if you happen to be in a “HCOL” (high cost of living area), how can you find deals that make sense? Even if you can find a “good” deal, the typical 20% down payment required can easily stretch into six figure territory. How can a new investor with limited funds ever get started?Continue reading