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How To Buy An Investment Property With Less Than 5% Down

In general, you'll need a rather large down payment to purchase an investment property. However, there's a way that new investors could potentially buy their first investment property with a down payment of 5% or less -- and in some cases, with no down payment at all. Known as "house hacking," this involves buying a home and renting out part of it while living in the other part. This video presents a rundown of how it works and why it can be so lucrative, so you can decide whether it could be a good idea for you. Read more here.