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Updated almost 7 years ago on . Most recent reply

Cole B Taylor's profile image
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Cole B Taylor
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Cole B Taylor's profile image
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Cole B Taylor
  • Member since Aug 1, 2018
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Cole B Taylor
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Starting Out

My first property and house-hack

Cole B Taylor
Posted

Looking to buy my first piece of real estate. Its a duplex that needs a little rehab at least on one side to get a tenant in it. This would be my first property but also my residence. I will need an FHA or FHA 203k loan to help with the rehab cost since I don't enough to cover all the rehab. Is this a good idea for my first purchase?? Also, if this deal works, can I then refinance or get another loan when I want to move out and put a second tenant in the duplex??

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