New Path To Real Estate Wealth: Investing Without Buying Your First Home

Investing in real estate feels more like a dream than a reality for many people right now. With cities like New York, Los Angeles, and Miami being more expensive than ever, the days of starter homes are over. As people rent for longer periods, by the time they can afford to buy a home, it may no longer meet their needs. Many renters are now opting to become landlords themselves. While this might sound impossible given the current market, according to Kearvyn Arne, being a first-time investor—even in today’s market—isn’t quite as much of a dream as many people think.

A Harvard alumnus, Arne is the founder of Vynar Capital, a company that has empowered numerous clients to achieve millionaire status through strategic property investments. His ventures have secured over $50 million in funding. He tells me that while investing in real estate sounds intimidating, it’s easier than many people think.

The New Way Of Real Estate Investing

While the old way of investing in real estate was owning a home to live in, many people are opting to rent their residences and purchase smaller investment properties instead.

This is a different approach to long-term wealth. “The first step is educating yourself—understanding the market, financing options, and identifying the type of investments you’re interested in, including single-family homes, multi-family properties, or short-term rentals. Connecting with experienced investors, attending seminars, and analyzing potential deals are essential,” says Arne.

There’s No Need To Save For A Down Payment

One of the biggest barriers to entry is the down payment, but it’s possible to invest without a huge amount of capital as long as you have good credit. “You don’t need to wait years to save up for a down payment. If you have a steady income and good credit, you can leverage your credit to secure capital for investing. Many people think saving is the only way, but with the right strategy, you can use credit to obtain the necessary funds, purchase properties, generate income, and pay off the loan,” explains Arne.

Buy A First Property, But Not A First Home

While many think buying their first home is their first investment, Arne recommends purchasing an investment property while renting a residence. “It depends on your priorities. If building wealth is your goal, focus on investment properties first. For instance, instead of buying a one-bedroom condo for yourself, consider renting where you live while investing in a multi-family property or a short-term rental. This way, your investments can generate income and eventually fund your ideal home purchase. Waiting until you can afford a property that truly meets your needs is often a smarter financial decision.”