not enough money for closing costs AND down payment...
Hey BP, i'm looking to buy my first property and plan on house hacking it. The property is a 3 bed 2 bath in Manayunk going for 229k. It is fully rehabbed and in amazing shape- I know I can get 750 per room bringing the rental income to 1,500 covering the entire mortgage.
The only issue is that i dont have enough money for the closing costs and minimum 3.5% down... does anyone have any tips or advice for this situation?