Updated about 5 years ago on . Most recent reply
Before Purchasing my first rental
Hello to everyone! I’m 19 years old and have a credit score of 750+ but only had it for about 10 months. I’m looking forward to buying my first property this year but still feel like there’s so much to learn before doing so. Looking to Buy and sell my first purchase and renting any future purchases after that. I’m located in Oklahoma and looking for as much help as I can. Would be appreciated if these questions can be answered:
-Would OOS investing be a good option for a first time?
-Could FHA loan be used for my second purchase?
-Is it possible to start w/o using my own money? If any,What are the cons to that?
-Do I need a longer length time on my credit to proceed?
Thanks!
Most Popular Reply
@Henny Calderon we have an amazing group of Community Banks here in Oklahoma City that love Real Estate. I would think investing in OKC would make the most sense, just my 2 cents.