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Updated almost 7 years ago on . Most recent reply

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Ashanta Kelly
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Buying my first property-House Hacking

Ashanta Kelly
Posted

Hello,

I am just getting started in Real Estate and am eager to buy my first property. I intend on buying a multi-family home and living in one of the units. I am currently working on my credit and saving money for a down payment. I plan on getting a FHA loan at 3.5%. I was wondering if anyone could give me some advice on certain things I should be looking for in the property. Should it be in great condition or should I go for something lower price that needs some rehabbing? How do I get extra money for the rehabbing? Also, after I develop cash flow from this property, how do I move onto the next property to make money?

Thanks!!!

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7
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Ashanta Kelly
3
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7
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Ashanta Kelly
Replied

In Jacksonville, Florida! 

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