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Build Real Estate Riches in Low-Cost Properties

Tyler G. Hicks

by Tyler G. Hicks

The biggest challenge for real estate BWBs (Beginning Wealth Builders) is the down payment needed for their first property. So if a BWB starts with a low-cost property (say $50,000–not $5-million), it’s much easier to borrow the down payment.

For instance, if you need 10% down, that’s $5,000 for the $50,000 property, but $500,000 for the $5-million property. There are thousands of sources for a $5,000 loan. But there are fewer for the bigger loan!

“Where can I find low-cost properties?” you ask. Here are a number of active sources you can start using today:

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