Updated almost 10 years ago on . Most recent reply
New investor from MA
Hi all! I'm a new investor and am interested in purchasing my first multifamily in MA. I've found the podcasts and BP materials to be fantastic. I'm in the process of researching mortgage options: MassHousing, FHA loan or conventional loan. I've got excellent credit and about 50k in savings. I read it's best to get pre-approved before I start looking.
How much more do I need to save, and what's the best (cheapest,fastest) way to find an under market value two-family in a good neighborhood in MA? My Dad is a local GC and would be willing to help me with repairs. Any advice would be greatly appreciated!!