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Updated 3 months ago on . Most recent reply

User Stats

17
Posts
22
Votes
Martin Penn
22
Votes |
17
Posts

New Real Estate Rookie

Martin Penn
Posted

I'm Martin

I'm a full/overtime w-2 income employee. It's been a little more than 2 years to the point that I can possibly qualify a loan but I haven't yet to get a first house. Even if I can, my issue that the loans will be very small I can only afford even a FHA and most houses from where I live are beyond my affordability even a downpayment with all expense combined. I have some questions;

- Until I can get a loan, can I capitalize myself first just to increase my budget for downpayment?

- If there are strategies for no capital and for full/overtime w-2, can wholesaling, house hacking work or anything else can fit as a beginner before I get a first property?

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