Updated about 10 years ago on . Most recent reply
Finally ready to purchase!
I graduated from college in 2013 and started my job as a junior real estate analyst in January 2014. I've been saving $1,000 per month and am proud to say that I've reached my goal of $20,000 to purchase my first investment property :). My fiance and I are currently renting, but we're looking to house hack a triplex or quad in Lakewood, OH. Any advice on which type of loan to use? My parents had a difficult time with FHA when they purchased their primary residence 25 years ago and are discouraging me from using it. I'll be purchasing the home myself and earn $39,000 per year, so I'm not eligible for many of the first time home buyer programs. Any advice about lending programs or contacts for anyone looking to sell a small multifamily in Lakewood would be greatly appreciated!