Scranton, PA Multi-Family

Scranton, PA Multi-Family

Member since 2023 · 2 posts · 2 votes

Hey guys! I will be looking to buy my first multi-family in the Greater Scranton/surrounding areas. Wondering if anyone has any experience investing in Scranton and could tell me some things to look out for when looking for my first investment! I plan on house hacking and will be looking for a 2-, 3-, 4-plex with an FHA loan!

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  • Lender · Saddle Brook, NJ · Member since 2023 · 431 posts · 231 votes
    3y

    I'm currently looking in PA, as well! Scranton isn't bad and has lots of potential. House hacking is also a great thing! Do you know how much you can be approved for? I'd love to discuss your goals and see if I can provide insight!

  • Member since 2023 · 2 posts · 2 votes
    3y
    Quote from @Ryan Muska:

    I'm currently looking in PA, as well! Scranton isn't bad and has lots of potential. House hacking is also a great thing! Do you know how much you can be approved for? I'd love to discuss your goals and see if I can provide insight!

    I’d love to talk about goals and such. I have been in analysis paralysis for so long and am excited to be looking to start my journey! I have not talked to a lender or anything yet but will assume that I will be approved for 150-200k, which aligns well with what I can afford monthly.
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