First time investor looking to house hack!
I am a 20 year, first time housing investor, I am in the market for multifamily properties. I have a good credit score the only probably is trying to produce the money for the downpayment for the loan. I am looking for creative ways to obtain a prop. I am open to all options.
thanks for the help in advance!
Start saving. If you can't save much per month right now, find a higher paying job or take on a 2nd job.
You don't need much money for a down payment if you buy a duplex/triplex/fourplex to house hack. Talk to your loan officer about FHA. Should be able to get financing with only 3.5% down (plus closing costs)
#3 All Forums Contributor
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- West Valley Phoenix
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#3 All Forums Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
Yep. Start saving. Start a creative new business sideline for the weekends, like making pallet furniture, or doing personal training. Bartenders get good tips....
