primary residence advice

1 Reply

I'm in between housing right now with my family. We have a toddler and a dog (pit bull), so it's very hard to find a rental. We can't buy with a traditional loan for another 7 months because my boyfriend's job switched from 1099 to W2 the year before last. So, I'm trying to figure out the best long term strategy as a beginning investor. We're looking for lease options, but the market is super hot right now and people just want to sell outright. Are there other options on financing for a primary residence or any other advice?

Originally posted by @Alicia Hensley :

I'm in between housing right now with my family. We have a toddler and a dog (pit bull), so it's very hard to find a rental. We can't buy with a traditional loan for another 7 months because my boyfriend's job switched from 1099 to W2 the year before last. 

Do you have any money for a Down payment? Have you investigated a FHA loan with 3.5% down. It sounds like it would be a good idea to find a duplex or a quad and live in one apartment (house hacking) and have the other sides (s) help pay the mortgage and expenses.

We bought our first residence in New York because we had 2 dogs and we could not find an apartment that would take us because of the dogs.  It turned out to be the best decision 

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