How This Landlord Uses the 5 Percent Down Payment Strategy

In this episode, Lucas and Luna explore how a landlord in Buffalo, New York, used FHA loans to buy a duplex with just 5 percent down, then repeated the strategy to acquire seven units in four years. They break down the mechanics of low-down-payment mortgages for real estate investors, the risks of private mortgage insurance (PMI), and why this approach works best in markets where purchase prices stay under the FHA loan limit. Lucas shares the specific math: a $180,000 duplex with a $9,000 down payment that cash flows $400 a month from day one. They also discuss how the landlord refinanced out of FHA loans after building equity, converting to conventional financing and dropping PMI. The episode offers a practical blueprint for new investors who want to start with minimal cash, without using hard money or private lenders. #FHA #LowDownPayment #RealEstateInvesting #Duplex #BuffaloRealEstate #CashFlow #RentalProperty #PMI #FHAvsConventional #FirstTimeBuyer #HouseHacking #Multifamily #Finance #RealEstrateWealth #FexingoBusiness #BusinessPodcast #RealEstatePodcast #LandlordStrategies Keep every episode free: buymeacoffee.com/fexingo