Updated over 8 years ago on . Most recent reply
New to Real Estate Investing
Hi my name is Melanie Tribble and my husband and I just moved to the Owasso area. We are beginners in REI and want to gain as much advice as possible before buying our first property. We are interested in buying single family homes and multifamily property. We have an emergency fund, but with our monthly savings we are paying a student loan.
-What are the financing options we have to buy a property without putting much of our emergency fund into it?
-What are essential relationships (lawyers, insurance...) we need to have before buying our first property?
Thanks in advance!
Most Popular Reply
Welcome to BP @Melanie Tribble
usually a FHA loan is 3.5% down and there are some loans for 0% down. They will have to be houses in great condition and owner occupant.
good luck!