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Updated over 5 years ago on . Most recent reply
First property experience
What form of real estate was your first deal? Why? And how did you reach your goal? Please share with me.
Most Popular Reply
@Karina Villamar
My first purchase was a duplex to house-hack. I used an FHA loan (with what I know now I wish I would've gone conventional!) and I removed the existing tenant (his unit was in disrepair) fixed it up while living in it and rented out the other (updated) unit.
With an owner-occupied loan you need very little for a down payment so as long as you have the proper income and credit score it’s not hard to qualify for a property you’re looking to house-hack!
Let me know if you have any other questions.