How to Buy a Rental Property with Just 3% Down
The financing angle that makes Nomad™ possible.
Most investors think you need 20% down to buy a rental.
That’s sort of true for some traditional financing…
unless you’re doing Nomad™.
Nomad™ flips the script by using owner-occupant financing.
You move in.
Live there for at least a year.
Then convert it to a rental.
That one move unlocks way better financing options.
I’m talking:
3% down conventional loans
3.5% down FHA loans
5% down with flexible guidelines
Even zero down if you qualify for USDA or VA
You usually pay a bit of Private Mortgage Insurance (PMI), sure.
But your monthly payment often still ends up better than if you used an investor loan.
Oh—and here's a bonus:
Since you're buying as a primary residence, these loans often come with better interest rates too.
That’s why Nomad™ works.
It’s not just a real estate strategy…
It’s a financing strategy in disguise.
Love,
James Orr
The Real Estate Financial Planner™
P.S. There are even some “creative” options, like loan assumptions and larger-down conventional financing… but most Nomads™ start with the traditional stuff. Want to see how it all fits together?
https://refp.substack.com/p/secrets-of-nomad-real-estate-investing