Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Texas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

18
Posts
12
Votes
Adaora Nwogbo
  • New to Real Estate
  • Arlington, TX
12
Votes |
18
Posts

Conventional Loan then FHA Loan

Adaora Nwogbo
  • New to Real Estate
  • Arlington, TX
Posted

I have been going through the forums and I am seeing investors suggestion areas like Temple, Belton and Killeen TX to look into because of the modest price range and deals in that area. I am doing quick scans on Realtor, Zillow etc to see what prices go for (still will go in depth to analyze). But I am a new investor starting out i was looking into the DFW area (still need to specify exactly where) but im seeing housing prices around 200k and above and im not seeing a lot of multifamily(which is what i am interested in). Currently I am using just the MLS as of the moment then will move into other methods. Anyways main question here is it a good strategy to look into getting deals in the areas suggested using a conventional loan because of commute (my personal factor) and still have enough to take care of expenses and try and cash flow there,then use an FHA loan in the DFW area to satisfy commute to work and also take advantage of the appreciation. Im reading DFW area is more appreciation than cash flow. I am still learning so will research more into this. Is this a good way to look into things as a new investor or is it best to just focus on one property at a time and get comfortable first. Usually what is recommended is House Hacking. Feedback would be appreciated.

Loading replies...