Updated almost 7 years ago on . Most recent reply
Question about investing
Hi
I just thought I ask because I'm looking at options. I have been reading the books and listening to the podcasts on Bigger Pockets. I know I have not learned enough yet to start investing. I'm actually thinking of becoming a real estate appraiser. Due to our situation where I was out of work for a few months due to a work injury: should I get a multi family home? If yes, how do I get financing? I figured since I'm looking for a place to live for my family I figured instead of going back to renting way not go with a multi family home. I live in Clinton Iowa so there is opportunities but that is because the population is decreasing. At least renting shouldn't be a problem but flipping would be. I'm looking at options. I'm trying to ensure we don't lose our place due to an injury again. I was hoping to invest next year with Fundrise. It looks like I might have to invest sooner but it depends what I'm advised.
Most Popular Reply
Hey Phil!
@Tim Swierczek might be able to answer how you could get financing if your work history is a little off.
Living in a duplex/triplex/quadplex could be a great way for you to househack and save some $$ up! If you can qualify for financing, you'll best benefit from an FHA loan of some sort would be my guess