FHA 203K in Brooklyn, Bronx, Queens
I am looking to house hack using a 203K loan in Brooklyn or Bronx. I recently got pre-approved for a 203K loan for 400K (acquisition and repairs). I plan to also use seller concessions to have the seller cover the closing costs. I am only looking for multi families, with a minimum of 4 bedrooms (2 in each unit) in order to cover or significantly reduce the mortgage cost using the rental income. The property has to be fairly close to a train station. I found properties are realtor.com, trulia, and propertyshark that are 350K and below where the numbers make sense but it seems that they are either getting snatched up by investors or buyers who are willing to pay way more than the listing price. Does anyone know any other website or source to find properties at that price range in Brooklyn or Bronx?