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Olubiyi Ojo
  • Rental Property Investor
  • Boston, MA
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Rookie Investor in Boston

Olubiyi Ojo
  • Rental Property Investor
  • Boston, MA
Posted

Hi Everyone, I'm Olubiyi Ojo(Boston, MA) and recently have really engaged in learning everything I can about real estate. As of right now, I'm currently analyzing 2br 2bd condos on the MLS in Plymouth county. I wondered if it was worth using the 3.5 % down payment on the condo vs. an actual home? I'm also looking for a creative way of finance this future deal with a partnership or private money. Any insight is welcome

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Dmitriy Fomichenko#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
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Dmitriy Fomichenko#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Olubiyi Ojo

If condo is all you can afford now then there is nothing wrong with using FHA loan for it, my first purchase was a townhome.

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