Slidell, LA · Member since 2017 · 4 posts · 0 votes
I am new to REI my plan is to buy a duplex with my credit (have good credit no kids or student loans) and within 6 months purchase another duplex as well. What would be the best way to do this?
The first purchase you can do with a low down payment of 3.5% through FHA. But the next one you will likely need 10-20%, even if you tell them you are going to occupy 1 side of the second and rent out the unit you were in from the first duplex.