The Money Myth 🤤
The number one reason people say they haven't bought their first investment property yet:
"I don't have enough money."
Most first-time investors are overestimating how much they need. There are loan programs designed specifically for investment properties with low down payment requirements. Seller concessions, house hacking, and partnerships exist precisely because the barrier isn't always cash - it's knowledge of the options.
The people who closed their first deal didn't necessarily have more money than you. They just stopped assuming they couldn't and started asking how they could.
The financing landscape for first-time investors is wider than most people realize. The problem is most people never talk to someone who actually knows it.
What's the number in your head that you think you need before you can start - and where did that number come from?
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Lucas Paul
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The Money Myth 🤤
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