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Updated almost 4 years ago on . Most recent reply

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Zackary R Drago
  • New to Real Estate
  • St Louis MO
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got hit by a car

Zackary R Drago
  • New to Real Estate
  • St Louis MO
Posted

i go hit by a car a few months a go and will becoming on around 25k should i buy a small house cash or us it as a down payment?

stl area

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Karl B.
  • Rental Property Investor
  • Erie, PA
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Karl B.
  • Rental Property Investor
  • Erie, PA
Replied

Hello. I hope you're OK after the accident. I would look to purchase a 2-4 unit with a FHA loan.

Even if you choose to put down 20%-25% with a traditional bank loan you can buy a duplex in St. Louis. 

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