MULTIFAMILY in the Atlanta GA metroplex

[Juan McLemore]

Hi Everyone,

I'm new to the community. I plan to purchase a multifamily and "househack" in the Atlanta metro area market using the FHA 203K program. I have saved $50K and own a rental property that has $50K in equity I can access if needed.

Questions:

- Should I get approved first to determine how much of a multifamily I would qualify for or find a property first?  

- Has anyone from the community worked with a local lender in the Atlanta market using the 203K program?

Goal:

My goal is to buy/hold for cashflow then move out after 1 year, then move own to larger multifamily units. Any advice or suggestions are appreciated!