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All Forum Posts by: Anson Fauchier

Anson Fauchier has started 2 posts and replied 3 times.

First-Time Home Buyer

Post: First investment property questions

Anson FauchierPosted
  • Posts 3
  • Votes 2

I appreciate the input! 

0 Votes
Cedar Rapids, Iowa
First-Time Home Buyer

Post: First investment property questions

Anson FauchierPosted
  • Posts 3
  • Votes 2

Hello everyone,

I'm currently exploring the housing market in search of my first personal home, which I intend to rent out in the near future after putting in some sweat equity. As of now, I have saved up enough money for a down payment on a fha loan, and my income is expected to meet the loan qualification criteria soon (with my parent co-signing due to my limited income history).

Given my current situation, what are some important factors I should keep in mind? Any advice or insights would be greatly appreciated. Thank you! 😊

0 Votes
Cedar Rapids, Iowa
House Hacking

Post: House Hacking Through College

Anson FauchierPosted
  • Posts 3
  • Votes 2

Hello everyone!

I am an 18-year-old student who wants to start a career in property management. My long-term objective is to establish a cash-flowing business using the BRRR method (Buy, Rehab, Rent, Refinance, Repeat). My goal for this year is to purchase a property that I can reside in during my college years. I have a consistent income, and I plan to save $8,000 to $10,000 for a down payment by late August this year, and I will use an FHA loan. I am curious if anyone has encountered a similar situation and if they have any advice or feedback, it would be highly appreciated.

Thank you!

2 Votes