New to the Cincinnati area

9 Replies

Hi, My name is Ken Rukenbrod and I just recently moved to the Northern KY and Cincinnati area.  I am a new investor and looking to get into rentals and possibly house flipping.  My goals for the next couple months are try to find a duplex I can House hack to start my real estate investing. 

My first question is what is the best option for financing my first home?

I've done a bit of research but not to sure where I should start.  

Hello and welcome to Biggerpockets!! Nice to meet you. Good luck going forward!! That is a question for a lender. But depending on your money, you might could do a multi unit property with an FHA or FHA 203. Little house hacking!!

Hi Kenneth,

A lender or mortgage broker will be able to assist you with this. They will be able to let for know if you would be eligible for a conventional loan or FHA. You can message me if you need a referral. I have a couple of lenders who I refer my clients to here in Cincinnati that have experience working with investors.

Loan products depend on income levels and locations. i.e. FHA loans or USDA loans. First steps are to figure out how much you want to put down if any? As others have stated chat with a few lenders to see what they offer. You can do that without having to have your credit pulled. Credit only needs to be pulled once you are ready to start the process of getting pre-approved.

@Kenneth Rukenbrod

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Wishing you the best!

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