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Updated over 5 years ago on . Most recent reply

User Stats

10
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1
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Samuel Nigbur
  • New to Real Estate
  • New Berlin, WI
1
Votes |
10
Posts

Nerves of Financing Our First Property

Samuel Nigbur
  • New to Real Estate
  • New Berlin, WI
Posted

Hey everyone, ill just get straight to the point.

My main question is in respect to financing my first property. I have a credit score around 710 and was thinking about getting an FHA loan and putting 10k down for a 200k loan on a multifamily home. I would like to house hack but, i feel like i don't have enough saved up.

Does it seem like I could be in a good spot to move forward and start talking to lenders and realtors? Admittedly i am cheap and have avoided doing so but, im starting to think it's just my nerves.

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