Updated almost 5 years ago on . Most recent reply
Ready to take action but...
Good morning BP fam,
Recently licensed Realtor in Winter Park, FL and jumped on with Keller Williams as a single agent so I'm on the lead hunting grind. With that in mind, I've not purchased real estate myself and am looking to get into the investment world as so many of you have. I'm thinking an FHA 3.5% would be the best route and go for a duplex for that "house hack" if you will (I would renovate my side if needed that first year). My credit is 700's however limited on capital for down payment. $10k on a $300k duplex could be pulled from 401k but was wondering if I had other creative financing options. I have a bit of debt but should I focus on tackling that or snag an investment property and go for equity/cashflow?