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Updated almost 3 years ago on . Most recent reply

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30
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8
Votes
Gerald Boone
8
Votes |
30
Posts

First time buyer

Gerald Boone
Posted

My son is fresh out of college and works part time at 1 job for 4 years since High School. He is also working full time at another for 6 months. 

He wants to buy a 4 plex using the first time buyer program. My wife and myself will give him some of the down payment to accomplish this.


Can this be done?

Most Popular Reply

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479
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401
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Joaquin Camarasa
  • Real Estate Agent
  • Springfield VA
401
Votes |
479
Posts
Joaquin Camarasa
  • Real Estate Agent
  • Springfield VA
Replied

To add on to the prior answer since he is fresh out of college he might or might not qualify for a high enough loan amount to buy a 4 plex, you could cosign with him so he can qualify for a larger amount if needed. 

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Camarasa Realtor
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68 Reviews

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